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$ 795,000
Est. payment /mo
Active
1601 Venice #lot Blvd Los Angeles, CA 90006
4,070 Sqft Lot
UPDATED:
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
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Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Coldwell Banker Realty
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