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$6,000,000
Est. payment /mo
4,550 SqFt
UPDATED:
10/17/2024 05:58 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,550 sqft
Price per Sqft $1,318
MLS Listing ID CRJT24143992
HOA Y/N No
Year Built 1927
Lot Size 0.316 Acres
Acres 0.32
Property Description
EQTY Forbes Global Properties is pleased to present a rare offering of two contiguous parcels at 602-606 Broadway Street in the creative heart of Venice Beach. The subject properties consist of a wood-frame church building and parking lot, totaling 13,747 square feet of site area along Broadway Street. The lots are level and contain all necessary utilities. The church building measures 4,550 square feet and was built in 1927. An accessible alleyway runs directly behind the properties. The subject properties are zoned LARD 1.5, allowing 1 unit to be built for every 1500 square feet of lot area, or 9 units in total. This presents an opportunity for developers and investors to construct a creative residential project for a small lot subdivision. Similar projects, consisting of three-story townhome-style residences with on-grade parking and accessible rooftops, have proven appealing in other parts of Los Angeles. This prime Venice location is within walking distance of popular Abbot Kinney Boulevard, featuring trendy breakfast eateries, designer clothing shops, alluring gastropubs, restaurants, and community/family events. The local beach and boardwalk are a short 4-minute bike ride, which allows for daily excursions and getaways. Buyers and investors can reach out directly with furt
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Other
Building
New Construction No
Others
Tax ID 4239019044
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Listed by Jerry Goble • Fathom Realty Group, Inc.
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122