Foreclosure - New Construction
Address
1209 6Th Avenue Venice, CA
Price
$ 1,300,000
Property Attributes
  • MLS#21773898
  • TypePending
  • CountyLOS ANGELES
  • CityVenice
  • AreaVenice
  • Zip90291
  • Style
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,006 SqFt
Listing Provided Courtesy Of:
Filip Niculete with Marcus & Millichap
Data Source:
Combined LA/Westside MLS (CLAW) - 318 - CA
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.

Price History
8/18/2021 Listed $1,300,000

General Features

Listing Agent Filip Niculete - BRE#01905352
Listing Agent State License 01905352
Lot Size Square Feet 5006
MLS Area C11 - Venice
Property Type Land
Senior Community Y/N No
Special Listing Conditions Real Estate Owned
Status Pending
View None
Zoning LARD1.5

Exterior Features

Lot Size Acres 0.11
Lot Size Area 5006
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90291

Price
AVG $2.07M
$1.3M
Visits
AVG 12
10
Walkscore
AVG 87
93
Data Provided by Walkscore ® not using MLS data

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