$9,150,000
$10,500,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
3016 Washington Blvd Venice, CA 90292
6,728 SqFt
Key Details
Sold Price $9,150,000
Property Type Commercial
Sub Type Combo - Res & Com
Listing Status Sold
Purchase Type For Sale
Square Footage 6,728 sqft
Price per Sqft $1,359
MLS Listing ID 21-764500
Sold Date 09/30/21
Year Built 1962
Lot Size 0.764 Acres
Acres 0.7638
Property Sub-Type Combo - Res & Com
Property Description
Prime redevelopment opportunity in one of the hottest real estate sub-markets in Los Angeles. Very RARE and impressive 33,269 square foot lot, with mixed C2 and R3 zoning allows for up to 41 residential units by right, with a possibility for 57 units with density bonuses/restrictions. Steps to Abbot Kinney, Venice Beach, and Marina Del Rey and close to Playa Del Rey with easy access to the 405 and 10 Freeways. High Walk-Score neighborhood (90), and good access to transit (transit-score of 55). Street to Street lot, with income coming in from the existing commercial building, and three (3) residential houses. Good income while developer assembles plans and entitlements. Approximately one mile to Venice beach and the Marina.
Location
State CA
County Los Angeles
Area Venice
Zoning LAR3
Others
Special Listing Condition Standard
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Bought with Sotheby's International Realty