217-221 Venice Way is an existing 4-plex in Venice Beach (to be delivered vacant). The property is two blocks from the beach, Venice Boardwalk, Venice Canals, Windward Circle, and walking distance to Abbot Kinney. Advantageous to the buyer, the four 2-bedroom units are currently being rented as short term rentals. On August 22nd, 2019 the property received a notice of intent to issue permit from the Coastal Commission. Notice of Intent to Issue Permit from the California Coastal Commission allows for the following and is contingent upon conditions indicated in the Notice of Intent. (see Notice of Intent to Issue Permit):- Demolition of existing 2 story 4 unit apartment building. - Construction of three separate single family homes on three separate lots at approximately 4,700 sf each with basements (2,770 sf above ground). Gross Income it projected property will be delivered vacant.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
