PRICE IMPROVEMENT Rare Vacant Lot in Prime Venice! An exceptional opportunity to own a vacant lot in the heart of Venice. Located just one block from the beach and two blocks from the iconic Venice Canals, this R3-zoned property offers incredible potential for a multi-family development or a custom single-family residence. Enjoy close proximity to top boutiques, sought-after dining, and the vibrant energy that defines Venice living. Potential for ocean views. A rare chance to build in one of Los Angeles' most coveted neighborhoods.
We are pleased to present the opportunity to acquire 23 Wavecrest Avenue, a vacant lot zoned RD1.5 consisting of approximately 2,698 square feet. The subject property is located in the heart of Venice and falls under the Venice Coastal Zone. This is a rare opportunity to purchase a vacant lot moments from the sand, prime for either single family or multifamily development. The location benefits from immediate proximity to the Venice Boardwalk, walking distance to Abbot Kinney Blvd, nestled between Santa Monica the North and Marina Del Rey to the South.
Nestled in the heart of Venice and only blocks from the ocean, this property is a must see! Located in one of Los Angeles' most sought-after neighborhoods, this property sits at the vibrant intersection of Venice's most iconic attractions -- Venice Beach, Main Street, Windward Circle, and Abbot Kinney. The land is in the immediate vicinity to exceptional dining, art galleries, upscale boutiques, and latest fashion/style. This location is not just desirable, it's unbeatable! This unique opportunity caters to homeowners, investors, adaptive reuse pros, community associations and planned communities, and developers alike. With Multifamily (RD 1.5-1) Zoning, eligibility for Transit Oriented Communities (TOC) incentives, and/or small lot subdivision, the potential here is immense! Whether you're looking to create your dream home or capitalize on a prime investment, this property offers a canvas for your vision. Currently, the property hosts an approximately 10,000 square-foot building footprint consisting of a Church and an attached reading room; those structures contain incredible amounts of lumber, copper wiring (recently inspected), and other valuable building materials therein, and a recently repaired roof structure with Asphalt Shingles (40-year warranty) and small flat top area with white roof reflective coating. The main Church building has a new, state-of-the-art HVAC system. An adjacent parking lot offers convenient access, complemented by exterior security cameras. The buildings contain at least seven bathrooms, one of which has a shower. The main church building also features a large auditorium with a separation wall that can be opened or closed, as well as a large and very beautiful church organ. To top it off, the entire building envelope was fully repainted in 2019. This property is extremely appealing as it is not in a flood or very high fire severity zone and is not RSO. Seize this opportunity quickly; it won't last long. ---- NOTE: THIS IS A DUPLICATE LISTING, WHICH IS THE SAME AS MLS# 25552135 ----
