Outstanding development opportunity in Venice Beach. Nestled in the highly coveted Penmar neighborhood, 1314 & 1316 Palms Blvd present an exciting and rare chance for developers, builders, and visionaries to bring a standout project to life. Set on an expansive 10,895-square-foot lot along a peaceful street, the property features two existing 3 BR structures with two detached garages ready to be reimagined, whether through renovation, redevelopment, or the creation of a stunning private family compound. The generous lot size offers incredible flexibility and promise, perfectly suited for a modern estate or multiple residences, in step with the area's beautifully developed homes. Penmar is celebrated for its warm, welcoming community feel and unbeatable location, just minutes from the beach, popular Venice dining and shopping, Mar Vista, Silicon Beach, Marina del Rey, and the vibrant creative scene of Culver City. With opportunities like this becoming increasingly limited, this is a chance to create something truly exceptional in one of L.A.'s most sought-after coastal neighborhoods. ***CALL FOR OFFERS BY 1pm on MARCH 31st. Seller will review all submitted offers at that time.***