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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$4,700,000

Est. payment - /mo

3 Beds

1 Bath

1,486 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,486 sqft

Price per Sqft $3,162

Subdivision Ocean Park Villa

MLS Listing ID 26863791

Bedrooms 3

Full Baths 1

Construction Status Repairs Major

HOA Y/N No

Year Built 1908

Lot Size 5,214 Sqft

Property Sub-Type Single Family Residence

Property Description

VENICE BEACH | FIRST TIME ON MARKET IN 90 YEARS. This is a once-in-a-generation land opportunity in one of LA's most coveted coastal neighborhoods. This isn't a home sale. It's a land play in one of Los Angeles's most in-demand zip codes, where beachfront adjacency, multi-unit zoning, and an address surrounded by an iconic beach, a globally recognized dining and shopping corridor, unique architecture, and proximity to Silicon Beach make this the kind of opportunity that serious investors wait lifetimes for. THE LOCATION IS THE ASSET. Steps from Venice Beach, this parcel sits at the intersection of Abbot Kinney Boulevard, which boasts boutique restaurants, upscale groceries, design studios, and independent retailers that define the neighborhood's cultural cachet. California St. and Abbott Kenny round out a walkable area that draws tourists and renters year-round. Located to the north, Santa Monica is just minutes away, with Marina del Rey to the south, along with freeway access via the 90. LAX is a 20-minute drive (no traffic), vital for tenants and buyers who frequently travel. A CAN'T-MISS OPPORTUNITY. Multi-unit zoning unlocks the full potential of this lot, whether your vision is a luxury multifamily build, an income-generating real estate portfolio, or a flagship residential project designed for the discerning buyer. Properties with this zoning, in this location, and at this price point don't wait and sell fast. THE BOTTOM LINE. Land this close to the beach, in a neighborhood this sought-after, with this kind of development potential is now on the market after nearly a century. OFFERED AS-IS.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD1.5

Interior

Interior Features Attic

Heating None

Cooling None

Flooring Carpet, Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Microwave

Laundry In Garage

Exterior

Parking Features None

Pool None

Waterfront Description Beach Access

View Y/N No

View None

Porch None

Private Pool No

Building

Lot Description Front Yard, Value In Land

Faces South

Story 1

Entry Level One

Sewer Other

Architectural Style Craftsman

Level or Stories One

New Construction No

Construction Status Repairs Major

Others

Senior Community No

Tax ID 4239024046

Special Listing Condition Standard

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Listed by Annette Austin Realty Masters & Associates #01727308

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

615 San Juan AVE Los Angeles, CA 90291

Ernie Caponera

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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615 San Juan AVE