FOR SALE
$6,750,000

1015 Venice Boulevard
Los Angeles, CA 90015

Land
Land Lot
13,062
Sq. Ft.
0.3
Acre Lot
Courtesy: Neema Ahadian - Marcus & Millichap; Email: [email protected]
Agent Websites> California> Los Angeles> 90015
1015 Venice Blvd is a trophy location in Venice, a vacant lot totaling13,061 SF of land zoned {Q}R4-1XL located on the corner of Superior Ave and Venice Blvd, just off Lincoln BlvdThe property will be delivered RTI, with plans in place to construct five-story building totaling 56 units; originally, the plans called for two levels of subterranean parking with 40 spaces, but ownership is in the process of reducing the parking to one level (contact agents for details)The plans in-place propose a unit mix made up of the following:15 Singles 389-422 SF1 Single ELI: 417 SF33 1+1's: 514-664 SF5 1+1's LI: 526-549 SF1 1+1+Den: 549 SF1 1+1+Den LI: 549 SFOffered at a low $517 PSF and $120,536 per buildable unit, rare opportunity for a significantly sized residential development with no tenant relocation required; six units set aside for affordable tenants with 50 market rate unitsIrreplaceable location just one mile down the street from Abbott Kinney Blvd, 1.5 miles from Marina del Rey, and an easy commute to Santa Monica and Playa VistaA mile and a half from the Venice boardwalk and beach; easy access to Abbott Kinney Blvd with premiere retail amenities such as Erewhon, Alfred Coffee, Gjelina, Piccolo Ristorante, Salt & Straw, Ray-Ban, Warby Parker, Allbirds, Faherty, Felix Trattoria, Neig
CL24351739
Land, Other
Los Angeles
0.3 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Neema Ahadian - Marcus & Millichap; Email: [email protected]

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