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5500-5506 Venice Blvd - RTI Medical - Dental Development Opportunity 0.21 Acres of Commercial Land Offered at $1,495,000 in Los Angeles, CA 90019

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INVESTMENT HIGHLIGHTS

  • Excellent visibility on the corner of Venice/Houser
  • Convenient access to the 10 Freeway and major LA corridors
  • Strong traffic counts

EXECUTIVE SUMMARY

AUCTION STYLE BIDDING BEGINS!!!! SUBMIT YOUR HIGHEST AND BEST NOW!!!! THERE IS NO DUE DATE!!!!! ORIGINALLY LISTED AT $2,500,000! MINIMUM ACCEPTABLE OPENING BID IS $1,495,000 SUBJECT TO SELLERS NON DISCLOSED RESERVE PRICE! Exceptional Mid-City development opportunity! Exceptional Mid-City development opportunity! Fully RTI plan set approved for a medical facility at the corner of Venice & Hauser. Project includes architectural drawings and permits ready to issue no entitlement delays. Prime LAC2 zoning with excellent visibility, strong traffic counts, and convenient access to the 10 Freeway and major Los Angeles corridors. Large 8,972 SF lot currently in an Opportunity Zone. Total parking: 14 spaces, including 1 handicap space and 3 bicycle parking.

PROPERTY FACTS

Price $1,495,000
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Healthcare
Total Lot Size 0.21 AC
Opportunity Zone Yes
Zoning (Q) C2 - 1VL - Commercial

1 LOT AVAILABLE

Lot

Price $1,495,000
Price Per AC $7,258,373.83
Lot Size 0.21 AC

DESCRIPTION

Exceptional Mid-City development opportunity! Fully RTI plan set approved for a medical facility at the corner of Venice & Hauser. Project includes architectural drawings and permits ready to issue no entitlement delays. Prime LAC2 zoning with excellent visibility, strong traffic counts, and convenient access to the 10 Freeway and major Los Angeles corridors. Large 8,972 SF lot currently in an Opportunity Zone. Total parking: 14 spaces, including 1 handicap space and 3 bicycle parking.

Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37444156

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: 5500-5506 Venice Blvd, Los Angeles, CA 90019

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