Venice, CA 90291,635 San Juan AVE

$1,725,000

Est. payment /mo

$1,800,000

4.2%
Est.Price: ?

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635 San Juan AVE Venice, CA 90291

4,791 Sqft Lot

SOLD DATE : 12/23/2020

Key Details

Sold Price $1,725,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20624954

Sold Date 12/23/20

HOA Y/N No

Lot Size 4,791 Sqft

Property Description

We are proud to present this rare opportunity to build 2 units or homes at 635 San Juan Ave in Venice, California. Just one half mile from the world famous Venice Beach, this ideally located lot offers a total of 5,222 square feet of land (0.12 acres), and the RD1.5 zoning allows for 2 units or homes to be developed.The average new construction home in Venice sells for over $1,000 per square foot. With a max envelop of 10,080 sf allowed on this lot, a developer could easily fit two 4,000 square foot homes on this lot, and then expect those two homes to sell for nearly $4M each.This development opportunity is ideal for the local developer looking to tap into one of the strongest rental and home sale markets in the entire country.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD1.5

Interior

Fireplace No

Exterior

View Y/N Yes

View Ocean

Building

Sewer Other

Water Other

Others

Senior Community No

Tax ID 4239024041

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Filip Niculete • Marcus & Millichap
Bought with Raisa Lobo • Compass

Tari Haberfield

Agent | SCKELLWILL01918524

+1(805) 234-6882

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