1601 West Venice Blvd Active

Los Angeles,CA 90006

$ 795000

17 Beds

16 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25491007

Bedrooms 17

Lot Size 4,070 Sqft

Acres 0.0934

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LACM

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Building

Level or Stories Three Or More

Others

Special Listing Condition Standard

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