$1,725,000
$1,800,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
635 San Juan AVE Venice, CA 90291
4,791 Sqft Lot
Key Details
Sold Price $1,725,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20624954
Sold Date 12/23/20
HOA Y/N No
Lot Size 4,791 Sqft
Acres 0.11
Property Description
We are proud to present this rare opportunity to build 2 units or homes at 635 San Juan Ave in Venice, California. Just one half mile from the world famous Venice Beach, this ideally located lot offers a total of 5,222 square feet of land (0.12 acres), and the RD1.5 zoning allows for 2 units or homes to be developed.The average new construction home in Venice sells for over $1,000 per square foot. With a max envelop of 10,080 sf allowed on this lot, a developer could easily fit two 4,000 square foot homes on this lot, and then expect those two homes to sell for nearly $4M each.This development opportunity is ideal for the local developer looking to tap into one of the strongest rental and home sale markets in the entire country.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Fireplace No
Exterior
View Y/N Yes
View Ocean
Building
Sewer Other
Water Other
Others
Senior Community No
Tax ID 4239024041
Special Listing Condition Standard
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Bought with Raisa Lobo • Compass