ActiveLand · sale

404 Venice Way

Los Angeles, CA 90291

$1,798,000

  • 0.11 acres

Listed by New South Bay Realty · MLS #26887865

A FEW THINGS TO NOTICE

What stands out.

Property size

0.11 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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LAND VALUE SALE .... Rare Venice Beach Duplex Redevelopment Opportunity Just four blocks from the sand, this Venice Beach duplex presents an exceptional opportunity to own in one of Los Angeles' most desirable coastal neighborhoods. Set on a corner lot, the property offers immediate versatility as an income-producing asset, owner-user compound, or long-term land play in a high-demand beach market known for walkability, lifestyle appeal, and limited multifamily inventory. The existing duplex provides valuable optionality while buyers explore the site's future potential. With its premier coastal location, the property may be well positioned for redevelopment into a modern beachside multi-unit aprtment building, boutique rental residences, or another thoughtfully designed residential concept, subject to buyer investigation and applicable city, zoning, coastal, and permitting requirements. Situated two blocks from Venice Beach's main entrance at Winward Circle; this property is also within blocks of the tranquil walking paths along the Venice Canals, the Bohemian Arts district that is Abbot Kinney, the intimate cafes, restaurants and shops of Main St, and the miles of bike paths that run along the Beach. Bolstered by the creative energy that defines the Venice Beach community, this offering combines location, scale, and upside in a way rarely available. Investors, developers, and owner-users will appreciate the chance to secure a beach-close asset with both present-day utility and compelling future development potential. Highlights: a corner lot with alley access; approximately four blocks from Venice Beach; strong coastal rental and lifestyle appeal; potential redevelopment opportunity for a multi-unit residential building; close to dining, shopping, recreation, and major Westside destinations. Buyer to verify all zoning, density, rent control, coastal, permitting, and development possibilities. One Unit will be Delivered Vacant at close of Escrow.

THE NEIGHBORHOOD

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404 Venice Way, Los Angeles, CA 90291

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THE DETAILS

The details, all in one place.

Property type
Land
Category
Land
Full baths
0
Half baths
0
Zoning
LARD1.5
Parcel
4238020019

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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404 Venice Way, Los Angeles, CA 90291 · MLS #26887865

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Listing information

MLS #26887865 · California Regional MLS

Listing brokerage: New South Bay Realty
Listing agent: Robert Romero

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.