1601 Venice #lot Boulevard
Los Angeles, CA 90006
0.09 acres | #25516591
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.
Property Details
- CountyLos Angeles
- Property TypePurchase
- Original List Price$795,000
- MLS #25516591
- MLS #25516591
- Acres0.0934
- Cost795000
- Property SubtypeLand
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Maria Samouha (#CLW-X80035)
Listing Office: Coldwell Banker Realty (#CLW-B2000101)
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