***OFFERS DUE MONDAY, JULY 20th AT 12 NOON*** East of Lincoln, offering a level of flexibility that is becoming increasingly difficult to find in Venice. Whether you are an end user, investor, or builder, this is a rare opportunity in one of the Westside's sought-after pockets. The existing home features a practical floor plan with well-proportioned living spaces, plus a detached bonus structure that lends itself to a home office, gym, or studio (buyer to verify permitted use). For buyers looking to renovate, the property presents a clear opportunity to modernize and add value without starting from the ground up. For developers: a third-party UnderBuilt analysis indicates the site may support a new single-family residence of approximately 3,271 square feet, plus a 400-square-foot garage exempt from FAR and a detached ADU of up to 1,200 square feet, for approximately 4,800 square feet of total buildable potential. Zoned R1V2 on a flat, regular lot. Recent ground-up development on comparable East Venice lots demonstrates the exit potential. Buyer to independently verify all zoning, development potential, overlays, and buildable square footage with the City of Los Angeles.Half a block from Penmar Park and Penmar Golf Course, and moments from Abbot Kinney, Rose Avenue, the beach, and some of the Westside's most popular restaurants and cafes, the property offers two distinct paths: refine what is here or build what is next.
12 days
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1,054
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64
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Zillow last checked:
Listing updated:
Listed by:
Kyle AmicucciDRE # 02063153310-824-3474,
Compass310-230-5478,
Christian HoseDRE # 02218728310-490-8266,
Compass
Source: CLAW,MLS#: 26860679
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/4 bathrooms: 1
Rooms
Room types: Art Studio, Breakfast Area, Guest House
Heating
None
Cooling
Ceiling Fan(s)
Appliances
Included: Dishwasher
Laundry: None
Features
Ceiling Fan(s)
Flooring: Tile, Wood
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 2,248
Total interior livable area: 2,248 sqft
Property
Parking
Total spaces: 2
Parking features: Driveway, Garage Is Attached, Garage - 1 Car
Has attached garage: Yes
Covered spaces: 1
Uncovered spaces: 1
Features
Levels: One
Stories: 1
Pool features: None
Spa features: None
Has view: Yes
View description: None
Lot
Size: 5,950 Square Feet
Dimensions: 56 x 106
Details
Additional structures: Other, Detached Guest House
Parcel number: 4244018024
Zoning: LAR1
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Residential, Single Family Residence
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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