1601 West Venice Boulevard
Los Angeles, CA 90006
Active for $795,000
Beds: 17 Baths: 16 Structure Size: N/A sqft Lot Size: 4,070 sqft
MLS | 25491007 |
Year Built | |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $795,000 |
Structure Size | N/A sqft |
Lot Size | 4,070 sqft |
Beds | 17 |
Baths | 16 |
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.
Listing information courtesy of: Maria Samouha, Coldwell Banker Realty 310-595-5815. *Based on information from the Association of REALTORS/Multiple Listing as of 02/13/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.