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- LoopNet Team
12610 Venice Blvd
Los Angeles, CA 90066
Vencie Dozen - Entitled Small Lot Subdivision · Land For Sale · 0.34 AC

INVESTMENT HIGHLIGHTS
- Prime Location 2.3 Miles to the Beach
- Both Build-and-Hold and Build-and-Sell Exits are Viable
- Attainable Single Family Home Product Type
PROPERTY FACTS
Property Type | Land | Proposed Use |
Multifamily
|
Property Subtype | Residential | Total Lot Size | 0.34 AC |
Property Type | Land |
Property Subtype | Residential |
Proposed Use |
Multifamily
|
Total Lot Size | 0.34 AC |
DESCRIPTION
Located between Lincoln Blvd. and Centinela Ave. just 2.3 miles to the beach, the entitled Venice Dozen development will afford a builder with the perfect opportunity to build an attractive quantity of large single-family SLO homes at one of the most supply constricted submarkets in the City of Los Angeles. Perhaps one of the most risk adverse opportunities in the market hedged against both entitlement and market risk due to its irreplaceable location and product type which offer both sell and rent options upon completion. A project of this format/size/locational quality is a near anomaly in today’s legislative and land-constrained environment. The proposed six-bedroom homes average 2,133 salable SF each with a potential valuation of $650/PSF. The land price of $4,750,000 approximately 28% of the potential gross project revenue potential.
LINKS
ZONING
Zoning Code | R3-1 (medium density multifamily residential) |
R3-1 (medium density multifamily residential) |
Listing ID: 19170639
Date on Market: 2020-04-09
Last Updated:
Address: 12610 Venice Blvd, Los Angeles, CA 90066
The Mar Vista Land Property at 12610 Venice Blvd, Los Angeles, CA 90066 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
LAND PROPERTIES IN NEARBY NEIGHBORHOODS
- Mid-Wilshire Residential Land & Home Lots
- Koreatown Residential Land & Home Lots
- Greater Culver City Residential Land & Home Lots
- Venice Beach Residential Land & Home Lots
- South Central LA Residential Land & Home Lots
- Mid-City Residential Land & Home Lots
- West Adams Residential Land & Home Lots
- Miracle Mile Residential Land & Home Lots
- Crenshaw Residential Land & Home Lots
- Harvard Heights Residential Land & Home Lots
- Westmont Residential Land & Home Lots
- Vernon-Main Residential Land & Home Lots
- Pico-Robertson Residential Land & Home Lots
- Little Armenia Residential Land & Home Lots
- Pico Residential Land & Home Lots
NEARBY LISTINGS
- 3641 Motor Ave, Los Angeles CA
- 2422 Lincoln Blvd, Venice CA
- 11151 Lucerne Ave, Culver City CA
- 3328-3332 Motor Ave, Los Angeles CA
- 2002 21st St, Santa Monica CA
- 11833 Major St, Culver City CA
- 1420 20th St, Santa Monica CA
- 10713 Palms Blvd, Los Angeles CA
- 415 Sherman Canal, Venice CA
- 12028-12034 Venice Blvd, Los Angeles CA
- 685-688 Westminster Ave, Venice CA
- 10421 Northvale Rd, Los Angeles CA
- 1814 Sawtelle Blvd, Los Angeles CA
- 181 Ocean Park Blvd, Santa Monica CA
