2229 Venice Blvd
Los Angeles, CA 90006
The Harvard House - RTI 58 Unit Affordable · Land For Sale
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0.32 AC
Investment Highlights
- Rare Mid-City Redevelopment Opportunity
- Zoned C2 / Tier 3 TOC
- Great Visibility along Venice Blvd
- Delivered Vacant - Ideal for Developer
- Traffic Counts more than 37,000 VPD
Property Facts
| Property Type | Land | Proposed Use | |
| Property Subtype | Commercial | Total Lot Size | 0.32 AC |
| Zoning | C2-1VL-HPOZ-CPIO - The project is RTI for the project described. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.32 AC |
| Zoning | C2-1VL-HPOZ-CPIO - The project is RTI for the project described. |
Description
Marcus & Millichap is pleased to present 2229 Venice Blvd, an approximate 14,125 SF lot located in the city of Los Angeles. The property provides a great opportunity for a developer to acquire two contiguous lots on Venice Blvd. 2229 Venice Blvd is currently a pre-owed car lot but will be delivered vacant. The asset, Zoned C2, also boast a Tier 3 TOC bonus that allows a developer to build up to 62 units and 53,003 SF of building. The property is truly centered in the heart of Los Angeles. Located on Venice Blvd, a main West-East thoroughfare, the property sees roughly 37,000 vehicles per day. The property also sits about a mile south from Koreatown, a little less than two miles from the University of Southern California and just over two miles from Staples Center in Downtown Los Angeles. The property also sits in proximity to the Interstate-10 Freeway. This section of Los Angeles boasts ideal demographics as there are more than 620,000 people living in a 3-mile radius, with an average household income exceeding $79,000 in a 5-mile radius.
