Skip To Content

    4922 Venice Blvd

    Los Angeles, CA 90019
    • $5,950,000
    • STATUS: Active
    • ON SITE: 3 days
    • MLS #: 21-763506
    New On Site 3 Days Ago
    UPDATED: 69 min ago
    $5,950,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    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.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-25T14:42:40.303. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.searchdesertrealestate.com/homes/119522438
    Print Image

    4922 Venice Blvd Los Angeles, CA 90019

    • Price: $5,950,000
    • Status: Active
    • Updated: 69 min ago
    • MLS #: 21-763506
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    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

    Lot Size Area 16225 View Description City Lights View YN Yes

    Property Features

    Cable YN Yes Sale Type Standard Source Lot Size Area Assessor Zoning Lac2

    Listing provided courtesy of Casey Lins DRE#01902650 of Re/Max Estate Properties.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-25T14:42:40.303. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-763506-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-763506-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-763506-2.jpg
    Logo
    The John Jay Group - Bennion Deville Homes
    74996 Highway 111
    Indian Wells CA, 92210