This unique project consists of two brand-new duplex buildings on the property, offering modern and spacious layouts designed for comfort and convenience. **The project is ready to issue plans and will be vacant, making it a prime opportunity to start construction immediately.** - **Front Building**: A three-story duplex with an attached two-car garage to one of the units. Both units are thoughtfully designed, featuring five bedrooms and six bathrooms each. The total size of this building is approximately 3,553 sq. ft. - **Rear Building**: A three-story duplex that includes an attached ADU (Accessory Dwelling Unit) and an attached two-car garage. The ADU offers two bedrooms and two bathrooms, with a total area of 987 sq. ft. The other units in this building include a three-bedroom, three-bath unit, and a five-bedroom, five-bath unit, both with rooftop access. The total size of this building is approximately 4,450 sq. ft. **Location**: Situated in a prime area close to Downtown Los Angeles, Hollywood, and USC, this property offers easy access to major landmarks, shopping, dining, and entertainment. With **ready-to-issue plans and the property soon to be vacant**, this is an excellent opportunity for developers or investors to begin building in a highly desirable location.
1015 Venice Blvd is a trophy location in Venice, a vacant lot totaling13,061 SF of land zoned {Q}R4-1XL located on the corner of Superior Ave and Venice Blvd, just off Lincoln BlvdThe property will be delivered RTI, with plans in place to construct five-story building totaling 56 units; originally, the plans called for two levels of subterranean parking with 40 spaces, but ownership is in the process of reducing the parking to one level (contact agents for details)The plans in-place propose a unit mix made up of the following:15 Singles 389-422 SF1 Single ELI: 417 SF33 1+1's: 514-664 SF5 1+1's LI: 526-549 SF1 1+1+Den: 549 SF1 1+1+Den LI: 549 SFOffered at a low $517 PSF and $120,536 per buildable unit, rare opportunity for a significantly sized residential development with no tenant relocation required; six units set aside for affordable tenants with 50 market rate unitsIrreplaceable location just one mile down the street from Abbott Kinney Blvd, 1.5 miles from Marina del Rey, and an easy commute to Santa Monica and Playa VistaA mile and a half from the Venice boardwalk and beach; easy access to Abbott Kinney Blvd with premiere retail amenities such as Erewhon, Alfred Coffee, Gjelina, Piccolo Ristorante, Salt & Straw, Ray-Ban, Warby Parker, Allbirds, Faherty, Felix Trattoria, Neig
We are proud to exclusively present for sale a development opportunity for 40 units. Currently, there are 3 side-by-side vacant buildings on site with 11 units. Sellers have approved RTI plans to subdivide the 3 buildings into 22 units & conceptual drawings to add an additional 18 units in the rear. Start remodeling the front structures while entitling the development in the back! Have income from the front during construction of the new 18 units in the back! The property is ED1 eligible and zoned R4-1-HPOZ Tier 3. Walk Score calls this area a Walker's Paradise with Excellent Transit! Just a hop and a skip to Downtown LA, the Subway Metro Station, Crypto.com Arena, the 110 and 10 freeways and countless hospitality options. The property is adjacent to an Elementary School and close to parks. Lots of jobs in the area and a high demand for housing. Existing 11,874 SF of Structures - 18,738 SF of Land. Listing includes 3 addresses and 3 APNs: 1030 S. Union Ave. - 5137-015-012, 1036 S. Union Ave. - 5137-015-014, 1040 S. Union Ave. - 5137-015-016.
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90015 has a population of 3,902,440. Los Angeles 90015 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90015 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90015 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.