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    4922 Venice Boulevard

    Los Angeles (City), CA 90019
    • $5,950,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: 21763016
    $5,950,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    We are proud to present 4922-4930 Venice Blvd, a 2 parcel assemblage consisting of 7,400 +/- SF of mixed-use space situated on 16,200sf of LAC2 Tier 3 TOC zoned land. The property consists of 8 residential units (month-to-month), 2 commercial units (month-to-month), and 1 billboard (expires in 2022). The land is zoned C2 and is located within a 2D height district and Tier 3 TOC designation, providing a developer the opportunity to build up to a maximum of 70 units on the property. By utilizing the Tier 3 TOC designation, a developer may be able to increase density by 70%, reduce parking requirements, and increase height. 4922-4930 Venice Blvd is located in an Opportunity Zone making for additional potential tax benefits for both the investor and potential users of the existing spaces or as new development. Contact listing broker for additional information.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-25T00:28:11.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
    www.homesinthehighdesert.com/homes/119488658
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    4922 Venice Boulevard Los Angeles (City), CA 90019

    • Price: $5,950,000
    • Status: Active
    • ID#: 21763016
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    1920
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    We are proud to present 4922-4930 Venice Blvd, a 2 parcel assemblage consisting of 7,400 +/- SF of mixed-use space situated on 16,200sf of LAC2 Tier 3 TOC zoned land. The property consists of 8 residential units (month-to-month), 2 commercial units (month-to-month), and 1 billboard (expires in 2022). The land is zoned C2 and is located within a 2D height district and Tier 3 TOC designation, providing a developer the opportunity to build up to a maximum of 70 units on the property. By utilizing the Tier 3 TOC designation, a developer may be able to increase density by 70%, reduce parking requirements, and increase height. 4922-4930 Venice Blvd is located in an Opportunity Zone making for additional potential tax benefits for both the investor and potential users of the existing spaces or as new development. Contact listing broker for additional information.
    Exterior Features

    Parking Features Driveway

    Property Features

    Gross Income 218211 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 146812 Senior Community YN No Special Listing Conditions Standard Zoning Lac2

    Listing provided courtesy of Casey Lins of Re/Max Estate Properties and Scott Rosenberg of Re/Max Estate Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-25T00:28:11.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
     
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    12180 Ridgecrest Rd. Building E Ste. 522
    Victorville CA, 92395