4
See all 4 photos
$795,000
Est. payment /mo
4,070 Sqft Lot
Active
1601 Venice #lot Blvd Los Angeles, CA 90006
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25516591
Lot Size 4,070 Sqft
Acres 0.0934
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 Mid Los Angeles
Zoning LACM
Exterior
View Y/N No
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Others
Special Listing Condition Standard
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Listed by Coldwell Banker Realty