We are pleased to present the opportunity to acquire a 3-unit Townhouse Development project. The property is in Venice, just off Abbott Kinney with proximity to Venice Beach, Marina Del Rey, Santa Monica, major employment centers, transportation hubs, restaurants, and recreational amenities. The area boasts a strong rental and sales market with historically low vacancy rates, making this a prime asset with a compelling blend of stability and growth potential.
The Seller has RTI plans to build one (1) four bed-three bath unit and two (2) three bed-three bath units with second floor balconies. Each Townhouse will have it's own private rooftop deck with a balcony and views. The property is separately metered for electricity, ensuring efficiency and control over utilities. There are seven parking spaces.
This is a prime investment opportunity with tons of upside and offers an exciting opportunity in one of Los Angeles’ most desirable neighborhoods.