1601 West Venice BLVD Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25491007
Bedrooms 17
Lot Size 4,068 Sqft
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 C16 - Mid Los Angeles
Zoning LACM
Interior
Heating None
Cooling None
Exterior
Parking Features None
Building
New Construction No
Others
Special Listing Condition Standard