1015 Venice Boulevard
Los Angeles, CA, 90015 $ 6,750,000
Baths0.0 Monthly Estimate*
$ 44,863
Studio
for $6,750,000. The lot size is 0.3.
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, Neighbor, Away, and many othersHalf a mile from the Costco Wholesale center on Washington Blvd; just over a mile to the Villa Marina Marketplace with major retailers such as Yard House, Pavilions, AMC, Corepower, Equinox, DSW, Gelson's, Ruth's Chris, Ulta Beauty, among othersHigh walk score of 90, located steps from numerous Metro bus lines on Venice Blvd and Lincoln Blvd including the 3, R3, CC 2, CC 5, and 33 Metro Local LineLocated in the heart of Silicon Beach with major employment in the area including Google, Facebook/Meta, Bird, YouTube, Microsoft, EA, Snap Inc, stack commerce, ChowNow, among many others
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FeaturesGeneralZoning LAR4
County Los Angeles
New Construction No
Property Type D
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
View Y/N No
Senior Community Y/N No
MLS Area C11 - Venice
Lot Size Square Feet 13062.0
Street Name Venice
Standard Status Active
Buyer Agent Compensation Type %
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ExteriorWater Source None
Lot Size Area 13062.0
Lot Size Acres 0.3
Lot Size Units Square Feet
Land Lease Type Fee
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InteriorStreet Suffix Boulevard
Total Baths 0
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* Excluded FeaturesList ByNeema AhadianListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $44,863
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Los Angeles, CA
Average List Price $1,827,881
Percent of Sale Price 73%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
1/26/2024 | $6,750,000 | | Listed Price |