Your email has been sent.
23 Wavecrest Ave 0.06 Acres of Residential Land Offered at $1,650,000 in Venice, CA 90291
INVESTMENT HIGHLIGHTS
- Prime Venice location steps from the beach and boardwalk
- Exceptional walkability with a Walk Score of 90
- Zoned LARD1.5 for single-family or multifamily development
- Surrounded by top-tier retail, dining, and lifestyle amenities
EXECUTIVE SUMMARY
The subject property is located in the heart of Venice and falls under the Venice Coastal Zone.
This is a rare opportunity to purchase a vacant lot steps from the sand, prime for either single family or multifamily development. The location benefits from immediate proximity to the Venice Boardwalk, walking distance to Abbot Kinney Blvd, nestled between Santa Monica the North and Marina Del Rey to the South.
PROPERTY FACTS
| Price | $1,650,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.06 AC |
| Property Type | Land | Cross Streets | Ocean Front Walk |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price | $1,650,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.06 AC |
| Cross Streets | Ocean Front Walk |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
1 LOT AVAILABLE
Lot
| Price | $1,650,000 | Lot Size | 0.06 AC |
| Price Per AC | $26,639,542.77 |
| Price | $1,650,000 |
| Price Per AC | $26,639,542.77 |
| Lot Size | 0.06 AC |
DESCRIPTION
Located just steps from the sand in the heart of Venice, 23 Wavecrest Avenue presents a rare opportunity to acquire a prime coastal development site. Zoned LARD1.5 and spanning approximately 2,698 square feet, this vacant lot is ideally suited for single-family or multifamily residential development. The property sits within the Venice Coastal Zone, offering immediate access to the iconic Venice Beach Boardwalk and the vibrant retail and dining corridor of Abbot Kinney Boulevard. With a Walk Score of 90, residents will enjoy unparalleled walkability to boutique shops, artisanal cafés, and cultural landmarks. The site benefits from thirty feet of frontage along Wavecrest Avenue and is surrounded by a dynamic mix of luxury homes, creative offices, and lifestyle amenities. Positioned between Santa Monica to the north and Marina Del Rey to the south, the location offers seamless connectivity to major employment hubs and recreational destinations. Offered at $1,650,000, this parcel is a compelling opportunity for developers and investors seeking to build in one of Los Angeles’ most desirable beachside communities.
PROPERTY TAXES
| Parcel Number | 4226-003-013 | Improvements Assessment | $0 |
| Land Assessment | $234,922 | Total Assessment | $234,922 |
PROPERTY TAXES
Presented by
23 Wavecrest Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.