1430 Venice Blvd, Los Angeles, CA 90006
0.58 Acres of Commercial Land Offered at $5,850,000 USD in Los Angeles, CA 90006
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,850,000
- Property Type
-
Land
Listing Contacts
David Ghermezian
Verified Profile
Jonathan Dadourian
Verified Profile
Rebecca Linck
Verified Profile
- Property Info
Property Overview
o Property has potential to be an apartment development site.
? Market Rate Apartments: Approximately 111 units allowed utilizing Tier 3 TOC incentives ($52,000 per unit)
? 100% Affordable Apartments: Up to approximately 195 units utilizing AB 2334 affordable housing incentives ($30,000 per unit)
? Freestanding corner building for retail, office, and/or flex warehouse use.
? Zoning for the property allows for many uses including school, retail, office, warehouse and light industrial.
? Dock high loading area with roll up door at rear of the building.
? Private gated parking lot for approximately 20 cars with ingress and egress from both sides.
? Well located in Pico Union neighborhood between Downtown Los Angeles and Koreatown.
? Excellent access to both 10 and 110 freeway.
? Portion of the building has built out offices, and at the rear is an open area with high ceilings.
? Market Rate Apartments: Approximately 111 units allowed utilizing Tier 3 TOC incentives ($52,000 per unit)
? 100% Affordable Apartments: Up to approximately 195 units utilizing AB 2334 affordable housing incentives ($30,000 per unit)
? Freestanding corner building for retail, office, and/or flex warehouse use.
? Zoning for the property allows for many uses including school, retail, office, warehouse and light industrial.
? Dock high loading area with roll up door at rear of the building.
? Private gated parking lot for approximately 20 cars with ingress and egress from both sides.
? Well located in Pico Union neighborhood between Downtown Los Angeles and Koreatown.
? Excellent access to both 10 and 110 freeway.
? Portion of the building has built out offices, and at the rear is an open area with high ceilings.
Property Details
- Property Subtype
- Commercial
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].