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    1209 6Th Avenue

    Venice, CA 90291
    • $1,300,000
    • STATUS: Pending
    • ON SITE: 39 days
    • ID#: 21773898
    Pending
    UPDATED: 58 min ago
    $1,300,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    We are proud to present this rare opportunity to build 2 units or homes at 1209 6th Avenue in Venice, California. Just one half mile from the world famous Venice Beach, this ideally located lot offers a total of 5,005 square feet of land (0.12 acres), and the RD1.5 zoning allows for 2 units or homes to be developed. The average new construction home in Venice sells for over $1,000 per square foot. With a max envelop of 9,163 SqFt allowed on this lot, a developer could build (2) 4,000 square foot homes on this lot, and then expect those two homes to sell for nearly $4M each. This development opportunity is ideal for the local developer looking to tap into one of the strongest rental and home sale markets in the country, and also for a savvy developer who knows how to navigate around the coastal and historic commissions.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-26T23:25:07.223. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/120575528
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    1209 6Th Avenue Venice, CA 90291

    • Price: $1,300,000
    • Status: Pending
    • Updated: 58 min ago
    • ID#: 21773898
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    We are proud to present this rare opportunity to build 2 units or homes at 1209 6th Avenue in Venice, California. Just one half mile from the world famous Venice Beach, this ideally located lot offers a total of 5,005 square feet of land (0.12 acres), and the RD1.5 zoning allows for 2 units or homes to be developed. The average new construction home in Venice sells for over $1,000 per square foot. With a max envelop of 9,163 SqFt allowed on this lot, a developer could build (2) 4,000 square foot homes on this lot, and then expect those two homes to sell for nearly $4M each. This development opportunity is ideal for the local developer looking to tap into one of the strongest rental and home sale markets in the country, and also for a savvy developer who knows how to navigate around the coastal and historic commissions.
    Exterior Features

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    Property Features

    Listing Agreement Seller Reserved Listing Service Full Service Possession Close Of Escrow Senior Community YN No Special Listing Conditions Real Estate Owned Zoning Lard1.5

    Listing provided courtesy of Filip Niculete of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-26T23:25:07.223. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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    Team Tami | Palm Realty Boutique
    323 Culver Blvd.
    Playa del Rey CA, 90293