Venice Development Opportunity LAR4

1015 Venice Boulevard Venice CA 90291  |  Los Angeles County, CA
  • $6,500,000
  • 0.3 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
Irrigated: No
Residence: No
Property ID: 3316715
Property Website

Property Description

One of the largest undeveloped parcels in Venice that is zoned for multi-family development. The 13,000 plus square foot LAR4 zoned property sits at the high visibility corner of Venice Blvd and Superior Avenue, which is one block east of Lincoln Blvd. Extremely low housing inventory with some of the highest price per square foot rentals in the LA market and with the highest on average price per square foot for new homes in Los Angeles area trending at $1000-$1200.00 per square foot. Existing triplex with tenants on a month to month rental basis. 1/2 parking space per unit required per owner because the property is 1500 feet within public transportation.

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Steven D. Ito

Coldwell Banker

(310) 890-2586 (work)

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Contact Seller

Steven D. Ito

Coldwell Banker

(310) 890-2586 (work)

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