FOR SALE OR JOINT VENTURE
LA Commercial | Development Sight presents a landmark acquisition opportunity in Venice with two adjacent parcels totaling 40,456 square feet - one of the largest available residential assemblages west of Lincoln Boulevard. The property spans seven lots across both sides of Westminster Avenue.
• 685 Westminster: 29,170 SF parcel featuring a 12,313 SF church building with parking.
• 688 Westminster: 11,286 SF parking lot parcel
• Both parcels zoned RD1.5-1, TOC Tier 3
• There is a covenant that requires lots to be sold as one, however a Joint Venture could be used to get separate uses. For those interested in the Church portion only, the Seller would consider a JV instead of a sale.
• There is a covenant that requires the Church to retain a minimum of 33 parking spots in whatever structures are built on the land.
Showing the Church is possible, please contact.