718-720 Hampton Drive (Sold Together APN: 4286-008-009 and 4286-008-010). Zoned LAC2, this Venice Beach Compound is only two blocks from one of the most stylish streets on the West Side - Abbott Kinney. ONLY four blocks from the world famous Venice Beach Boardwalk and close proximity to the Google offices and the rest of Silicon Beach's prominent tech companies. With this Mixed-Use Corner Lot Property, you have the best of both worlds! You have an amazing opportunity to build both Commercial and Residential units while collecting during your Entitlement period - $18,000/per month from the current tenants! Based on Highest and Best Use report - there is the potential to build up to 11,453 sqft : 5,100 sqft of Commercial and 6,343 sqft of Residential. The property currently has 2 commercial office tenants occupying the two freestanding buildings (remodeled in 2016) and has 7 parking spaces.This PRIME Development Opportunity is Perfect for Developers, Investors or Owner-User.
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.
