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12575 Venice Blvd
Los Angeles, CA 90066
Venice Collection · Land For Sale
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0.81 AC
Property Facts
| Property Type | Land | Total Lot Size | 0.81 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Apartment Units | ||
| Zoning | C2-1 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.81 AC |
| No. Stories | 1 |
| Zoning | C2-1 |
Description
The Venice Collection is a fully entitled, 130 unit (77 units and 53 units) development opportunity situated on two sites across from one another in an irreplaceable location along the rapidly gentrifying Venice Boulevard in the Mar Vista submarket in Silicon Beach. Urban renters today seek the “Lifestyle” experience right outside their door and few comparable properties on the Westside are as close to the number of restaurants, retail and entertainment venues as The Venice Collection. The Site will also benefit from high renter demand, further bolstered by the booming tech industry in Silicon Beach and surrounding employment centers. The Venice Collection sits at the epicenter of the LA tech and startup community. The awakening of the Los Angeles tech sector is occurring in this slice of territory dubbed “Silicon Beach”, where established social media and entertainment giants such as Google, Amazon, Facebook, Snapchat, Yahoo, Activision Blizzard, Oracle, CBS, HBO, Riot Games, and Universal Music Group all have regional offices within three miles of The Venice Collection.
Property Taxes
| Parcel Number | 4235-013-027 | Improvements Assessment | $7,812,612 |
| Land Assessment | $13,921,676 | Total Assessment | $21,734,288 |
Property Taxes
