CA > Los Angeles
Los Angeles, CA 90066,12034 Venice Blvd
Los Angeles, CA 90066,12034 Venice Blvd
Los Angeles, CA 90066,12034 Venice Blvd
Los Angeles, CA 90066,12034 Venice Blvd
Los Angeles, CA 90066,12034 Venice Blvd
Los Angeles, CA 90066,12034 Venice Blvd
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Max Lee

Max Lee

+1(213) 434-2433
$ 6,295,000
Est. payment | /mo

0.38 Acres Lot

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$ 6,295,000
Est. payment | /mo
Save

0.38 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24-402237

Lot Size 0.377 Acres

Acres 0.1876

Property Description

Preliminary Plans in place to build up to 72 units, ready for Ministerial Approval, with only 7 income restricted units required. Parking is primary at or above grade, with only one subterranean parking level with 41 spaces. Level 1, on grade, will consist of Cafe and a restaurant to capitalize on the vibrant retail corridor surrounding the project, with 3 commercial spaces and 13 spaces for residents. Level 2 consists of 1 One-Bedroom apartment, 1 Studio apartment, a gym, and 25 parking spaces above grade for residents. Level 3 will consist of 2 two-bedroom units, 1 Studio Unit, and 12 One-Bedroom Units. Level 4-7 will consist of the remaining 55 units. Level 8 proposes a deck with a pool and pickleball court for residents to enjoy. Other amenities include a gym, courtyard, storage, and bicycle parking. The building's height will give residents incredible views of the surrounding city, mountains, and the ocean.While finalizing the planning and permitting process, a buyer can collect approximately $29,000 of gross monthly income from the existing buildings with short term or month to month tenancies. (Project includes 12028-12034 Venice Blvd. APN #4235-024-005 and #4235-024-006).

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAC2

Exterior

View Y/N Yes

View Ocean

Others

Special Listing Condition Standard

TheMLS (CLAW)
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Listed by Maher Commercial Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(213) 434-2433

[email protected]

California, 91214-1304, USA

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12034 Venice Blvd