1015 Venice Blvd.

1015 Venice Blvd.

Los Angeles, CA 90015

$6,750,000
Price
13,062 / 0.30
Lot Size / Acres

Description

1015 Venice Blvd is a trophy location in Venice, a vacant lot totaling13,061 SF of land zoned {Q}R4-1XL located on the corner of Superior Ave and Venice Blvd, just off Lincoln BlvdThe property will be delivered RTI, with plans in place to construct five-story building totaling 56 units; originally, the plans called for two levels of subterranean parking with 40 spaces, but ownership is in the process of reducing the parking to one level (contact agents for details)The plans in-place propose a unit...1015 Venice Blvd is a trophy location in Venice, a vacant lot totaling13,061 SF of land zoned {Q}R4-1XL located on the corner of Superior Ave and Venice Blvd, just off Lincoln BlvdThe property will be delivered RTI, with plans in place to construct five-story building totaling 56 units; originally, the plans called for two levels of subterranean parking with 40 spaces, but ownership is in the process of reducing the parking to one level (contact agents for details)The plans in-place propose a unit mix made up of the following:15 Singles 389-422 SF1 Single ELI: 417 SF33 1+1's: 514-664 SF5 1+1's LI: 526-549 SF1 1+1+Den: 549 SF1 1+1+Den LI: 549 SFOffered at a low $517 PSF and $120,536 per buildable unit, rare opportunity for a significantly sized residential development with no tenant relocation required; six units set aside for affordable tenants with 50 market rate unitsIrreplaceable location just one mile down the street from Abbott Kinney Blvd, 1.5 miles from Marina del Rey, and an easy commute to Santa Monica and Playa VistaA mile and a half from the Venice boardwalk and beach; easy access to Abbott Kinney Blvd with premiere retail amenities such as Erewhon, Alfred Coffee, Gjelina, Piccolo Ristorante, Salt & Straw, Ray-Ban, Warby Parker, Allbirds, Faherty, Felix Trattoria, Neighbor, Away, and many othersHalf a mile from the Costco Wholesale center on Washington Blvd; just over a mile to the Villa Marina Marketplace with major retailers such as Yard House, Pavilions, AMC, Corepower, Equinox, DSW, Gelson's, Ruth's Chris, Ulta Beauty, among othersHigh walk score of 90, located steps from numerous Metro bus lines on Venice Blvd and Lincoln Blvd including the 3, R3, CC 2, CC 5, and 33 Metro Local LineLocated in the heart of Silicon Beach with major employment in the area including Google, Facebook/Meta, Bird, YouTube, Microsoft, EA, Snap Inc, stack commerce, ChowNow, among many others
  1. Listed by Neema Ahadian • DRE #01346750 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1015 Venice Blvd.

Zoning
LAR4
Parcel Number
4242001028
Area
Venice (C11)
Lot Size Area
13062
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
4242-001-028
Directions
1015 Venice blvd is located on the corner ofSuperior Ave and Venice Blvd, just off Lincoln Blvd.

Location

Listing Courtesy of Marcus & Millichap, Neema Ahadian, DRE #01346750
Add your commute
LISTING UPDATED: 01/28/2024 09:25 AM

Property Details for 1015 Venice Blvd.

StatusActive
MLS #24-351739
Days on Market109
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.30 AC
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Neema Ahadian, DRE #01346750
Add your commute

Building Information for 1015 Venice Blvd.

Lot Size0.30 AC

Payment Calculator

$40,540 per month

30 year fixed, 7.25% Interest

Principal and Interest

$36,838

Property Taxes

$3,702

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1015 Venice Blvd.

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.2999
  • Lot Size Square Feet: 13062
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 01-25-2024

Property History for 1015 Venice Blvd.

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1015 Venice Blvd.

Taxable ValueLand$2,673,896Additions$967,151Total$3,641,047
Tax Record2023$44,424 ($3,702 / month)
Home Facts
Total Finished SqFt2,668 SqFtAbove Grade Finished SqFt2,668 SqFtLot Size13,061 SqFtStyleTriplexYear Built1932ZoningLAR4CountyLOS ANGELESAPN4242-001-028

Schools near 1015 Venice Blvd.

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Magnolia Avenue Elementary School
Public - K to 5
John H. Liechty Middle School
Public - 6 to 8
Contreras Learning Center-School Of Social Justice
Public - 9 to 12
Contreras Learning Center-Los Angeles School Of Global Studies
Public - 9 to 12
Rating
School
Distance
Magnolia Avenue Elementary School
PublicK to 5

John H. Liechty Middle School
Public6 to 8

Contreras Learning Center-School Of Social Justice
Public9 to 12

Contreras Learning Center-Los Angeles School Of Global Studies
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1015 Venice Blvd., Los Angeles, CA 90015

1015 Venice Blvd. is a 0.30 ac of land for sale in Los Angeles, CA 90015. This property was listed for sale on January 8, 2024 by Marcus & Millichap, it's currently listed at $6,750,000. It has been on the market for a total of 109 days and was last sold on August 28, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Magnolia Avenue Elementary School, John H. Liechty Middle School and Contreras Learning Center-School Of Social Justice. 1015 Venice Blvd. is a 0-bed, 0-bath, 0.30 ac of land on a 13,062 sq. ft. / 0.30 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Neema Ahadian, DRE #01346750

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.