Property Detail

Description

Rare opportunity to acquire a prime 7,100+ sq. ft. lot in one of Venices most desirable neighborhoods, east of Lincoln Boulevard. Whether youre a developer seeking your next project, an investor looking to capitalize on the continued demand for luxury Westside homes, or an end user ready to create a custom dream residence, this property offers exceptional potential. The existing traditional residence offers a generous 1,897 square feet with 3 bedrooms and 2 bathrooms, providing an excellent canvas for an owner looking to renovate, reimagine, and personalize the home while enjoying one of Venices most sought-after locations. Surrounded by newly constructed luxury homes and extensive redevelopment, the site also presents an outstanding opportunity to build a stunning modern residence with an ADU, pool, and thoughtfully designed outdoor living spaces, or the potential to utilize SB9 by subdividing the lot into two parcels (buyer to verify all development potential with the city of Los Angeles). With luxury new construction continuing to command premium prices throughout the neighborhood, this property offers an attractive entry point with significant upside for those looking to maximize value. This desirable residential pocket delivers a quiet neighborhood feel, while just minutes from the beach, Abbot Kinney, Rose Avenue, Main Street Santa Monica, Marina Del Rey, Penmar Golf Course, top-rated dining, boutique shopping, fitness studios, and more. This section of the neighborhood is known for its larger residential lots, tree-lined streets, strong owner occupancy, and ongoing t