1348 PALMS BLVD VENICE, CA 90291

Features

• Price/sqft: $1,065
• Lot Size: 10889.00 sq. ft.
• Total Units: 2
• Total Rooms: 5
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
• Heating: Floor/Wall
• Construction Type: Wood

Facts

• Year Built: 01/01/1947
• Property ID: 825738436
• MLS Number: 23-323325
• Parcel Number: 4242-014-025
• Property Type: Townhouse or Condo
• County: LOS ANGELES
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. This is a fabulous opportunity to build your custom home in prime east Venice where the lots average over 10,000 square feet. Newer built homes in this popular neighborhood consistently sell over $5M with a high sale in $7.5M in April 2023. The property is located between Glyndon and Walgrove Ave. The property is currently Two Houses on the lot with tenants generating $6,621per month. The sellers have initiated the Ellis Act in order to relocate the tenants. However, the tenants may be amendable to an early voluntary buyout. It will NOT be delivered vacant. The lot measures 174 x 63 and it is zoned LAR1. There is alley access in the rear. Property is subject to L.A. RSO. There are no existing plans or entitlements currently on this property. This property could also be good for a rehab and turning the detached 2 car garage into an ADU. Call agent for more information. Please do not walk on property. Main photo is an AI rendering and not representative of what can be built on the lot.