Multi-Family

635 San Juan Ave

635 San Juan Ave, Los Angeles, CA 90291

Listing Price: $1,800,000

Lot Size
0.12 acres
Price/Acre
$15,000,574
Land Type
Redevelopment
Buildable Square Feet
6,700

Investment Overview

Marcus & Millichap is proud to present this rare opportunity to build 2 units or homes at 635 San Juan Ave in Venice, California. Just one half mile from the world famous Venice Beach, this ideally located lot offers a total of 5,222 square feet of land (0.12 acres), and the RD1.5 zoning allows for 2 units or homes to be developed.

The average new construction home in Venice sells for over $1,000 per square foot. With a max envelop of 10,080 sf allowed on this lot, a developer could easily fit two 4,000 square foot homes on this lot, and then expect those two homes to sell for nearly $4M each.

This development opportunity is ideal for the local developer looking to tap into one of the strongest rental and home sale markets in the entire country.

Investment Highlights

  • Prime Venice Development
  • Zoned LARD1.5
  • 5,222 Square Foot Lot
  • Zoned for 2 Units/Homes
  • Half a Mile From the World Famous Venice Beach
  • Walk Score of 86

Exclusively Listed By

Listing Price: $1,800,000

Lot Size
0.12 acres
Price/Acre
$15,000,574
Land Type
Redevelopment
Buildable Square Feet
6,700

Investment Highlights

  • Prime Venice Development
  • Zoned LARD1.5
  • 5,222 Square Foot Lot
  • Zoned for 2 Units/Homes
  • Half a Mile From the World Famous Venice Beach
  • Walk Score of 86

Investment Overview

Marcus & Millichap is proud to present this rare opportunity to build 2 units or homes at 635 San Juan Ave in Venice, California. Just one half mile from the world famous Venice Beach, this ideally located lot offers a total of 5,222 square feet of land (0.12 acres), and the RD1.5 zoning allows for 2 units or homes to be developed.

The average new construction home in Venice sells for over $1,000 per square foot. With a max envelop of 10,080 sf allowed on this lot, a developer could easily fit two 4,000 square foot homes on this lot, and then expect those two homes to sell for nearly $4M each.

This development opportunity is ideal for the local developer looking to tap into one of the strongest rental and home sale markets in the entire country.

Exclusively Listed By

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