1601 Venice #lot BLVD new

Los Angeles,CA 90006

$ 795000

- Bed

0 Bath

- SqFt


Key Details

Property Type Other Types

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25516591

HOA Y/N No

Lot Size 4,068 Sqft

Property Description

Development Opportunity ! Rare RTI project for a 100% affordable housing development in Mid-City LA. Plans approved for nine units (2 one-bed, 6 two-bed, 1 three-bed) plus 820 sq. ft. recreation room with ADU potential. Four-story, Type V construction, no parking required, individual gas/electric meters. Low-risk, high cash flow potential, ideal for government lease or LAHD sale. Prime location near Vermont and FWY, close to public transportation. Currently the lot is used as parking which pays $2000 monthly.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LACM

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 5056003025

Special Listing Condition Standard

View More
Favorite Go Tour