Listed By:
Mark Gallandt with Keller Williams Hollywood Hills;
Address
116 WASHINGTON Boulevard, Venice, CA
Price
$ 2,195,000
Property Attributes
  • MLS#20585882
  • TypeIncome
  • CountyLOS ANGELES
  • CityVenice
  • AreaMarina Del Rey
  • Zip90292
  • StyleBungalow
  • Price$ 2,195,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,742 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

With some of the highest drive by counts & pedestrian foot traffic in So Cal, this trophy commercial development opportunity is located next to the iconic Venice Pier and Boardwalk. Surrounded by the ultra-hip influencers & uber-luxury lifestyle, with the trendiest shopping, restaurants & night life, this C4-zoned property allows a qualified investor-developer with an unprecedented opportunity to design-build their dream project, in the heart of Silicon Beach. Be surrounded among Google, YouTube, SnapChat, Electronic Arts & many advertising, high-tech, digital media, marketing companies minutes away, the ability to build multiple levels for various tenants offering stunning ocean views, with the convenience of existing public parking, gives an investor-developer even more flexibility with design concept, development & long-term investment potential of a modern, state-of-the-art multi-tenant commercial project steps from LAX, Loyola Marymount, SoFi Stadium, downtown LA and Santa Monica

Price History
3/12/2023 Listed $2,195,000

General Features

Additional Parcels Y/N No
Architectural Style Bungalow
Association Y/N No
Attached Garage No
Buyer Financing Cash, Private
Carport Y/N No
City Venice
Construction Materials Frame, WoodSiding
Cooling None
County Los Angeles
Days on Market 165
Directions South side on Washington Blvd, east of Pacific Avenue
Disclosures CoastalZone
Entry Location Ground Level - no steps
Facing Direction North
Garage Y/N Yes
Gross Income 60000.0
Heating None
Home Warranty Y/N No
Interior Features Storage, Workshop
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 1890.0
MLS Area C12 - Marina Del Rey
Mobilehomeremainsyn No
Net Operating Income 0.0
New Construction No
Pool Features None
Possession CloseOfEscrow
Private Pool No
Property Attached Y/N No
Property Condition UpdatedRemodeled
Property Type ResidentialIncome
Rent Control Y/N No
Security Features Item24HourSecurity
Senior Community Y/N No
Spa Features None
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name WASHINGTON
Total Units 1
View Y/N No
Virtual Tour https://vimeo.com/421627763
Waterfront Features Lagoon, OceanFront
Waterfront Y/N No
Year Built 1938
Zoning LAC4

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Features None
Fireplace Y/N No
Flooring Tile
Heating Y/N No
Laundry Features None
Street Suffix Boulevard
Total Stories 1
Window Features BayWindows

Exterior Features

Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Dimensions 30x63
Lot Size Acres 0.04
Lot Size Area 1890.0
Lot Size Source Assessor
Lot Size Units SquareFeet
Lotdimensionssource Assessor
Number of Buildings 1
Open Parking Y/N No
Parking Features Driveway, Garage, Guest, OneSpace, OnStreet, SideBySide, Tandem
Spa No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90292

Price
AVG $2.81M
$2.2M
Visits
AVG 101
237
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1938
Walkscore
AVG 80
85
Data Provided by Walkscore® not using MLS data