Prime redevelopment opportunity in one of the hottest real estate sub-markets in Los Angeles. Very RARE and impressive 33,269 square foot lot, with mixed C2 and R3 zoning allows for up to 41 residential units by right, with a possibility for 57 units with density bonuses/restrictions. Steps to Abbot Kinney, Venice Beach, and Marina Del Rey and close to Playa Del Rey with easy access to the 405 and 10 Freeways. High Walk-Score neighborhood (90), and good access to transit (transit-score of 55). Street to Street lot, with income coming in from the existing commercial building, and three (3) residential houses. Good income while developer assembles plans and entitlements. Approximately one mile to Venice beach and the Marina.