Active
1601 West Venice Blvd
Los Angeles CA, 90006
$795,000
Active
17 Beds
16 Baths
Multi-family
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.
25491007
MLSⓇ ID
January 29, 2025
Listed
January 30, 2025
Updated
Map
1601 West Venice Blvd
Los Angeles CA, 90006
Interior Features
Total Stories
0
Bedrooms
17
Total Bathrooms
16
Appliances
None
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.09 Acres
Other Property Details
Area Name
Mid Los Angeles
Garage
No
Parking
None
Parking Total
0
View
No
County
Los Angeles
Pool
No
Zoning
LACM
Listed by Maria Samouha with Coldwell Banker Realty
Listing Contact: 310-595-5815
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Data last updated 1/30/2025