This residential development project, known as "Cochran @ Venice" is located at the corner of Cochran Avenue and Venice Blvd, with 154 feet of frontage on heavily-trafficked Venice Blvd. The property sits on a double lot of approximately 16,700 square feet and is currently improved with a 3,319 square foot structure occupied by the owner. A developer may build up to 41 market rate units ''by-right''. Should one wish to take advantage of California''s SB1818 law and apply for the density bonus incentive, up to 56 units may be constructed (i.e. 51 market rate and 5 very low income). A mixed use project would likely be well-received by the City as well.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
