5th Ave @ Broadway Ct - Residential LAND FOR SALE


Venice, CA 90291 5,201 SF
$2,750,000 USD
310-488-6140

NO PHOTO

$2,750,000 USD
Residential LAND - FOR SALE
5,201 SF

5th Ave @ Broadway Ct
Venice, CA 90291


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/ACRE

$23,036,538/AC

PRICE/SF

$529 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.12 AC

LAND SF

5,200 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

LARD1.5

APN/PARCEL ID

4239-021-006

ASK ABOUT THIS PROPERTY

Barry SylvanBarry Sylvan CompanyMore Info
310-488-6140

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Barry SylvanBarry Sylvan CompanyMore Info
310-488-6140

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.