Sold

3016 Washington Boulevard

Venice CA, 90292

$9,150,000


$1,359.99 per sqft

Sold

6,728 sqft

Commercial

Built in 1962

Listed by Barry Kinyon with Sotheby's International Realty 310-456-6431

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.

21764500

MLS ID

March 18, 2024

Updated

Interior Features

Total Stories

0


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.76 Acres

Other Property Details

Area Name

C11 - Venice


Days on Market

18


Garage

No


Parking Total

0


View

No


County

Los Angeles


Zoning

LAR3

Listing Contact: 310-456-6431 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 3/18/2024 at 4:55 PM UTC

 

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