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707 Washington Blvd 0.27 Acres of Commercial Land Offered at $5,900,000 in Venice, CA 90291
Investment Highlights
- Located in City of Venice
- Corner location at Washington Boulevard and Oxford Avenue, seven blocks from Venice Pier.
- Existing two-story building with prior dry cleaner use and residential space upstairs.
- Four-lot assemblage totaling approximately 12,000 square feet in Venice.
- Zoned C-2 for commercial use, suitable for retail or office development.
- Offered in “as-is” condition; environmental remediation required on two lots.
Executive Summary
7 Blocks to the Venice Pier.
Asking price is negotiable and contact John Moudakis for additional information. 310-663-1784.
Property Facts
1 Lot Available
Lot
| Price | $5,900,000 | Lot Size | 0.27 AC |
| Price Per AC | $21,535,440.40 |
| Price | $5,900,000 |
| Price Per AC | $21,535,440.40 |
| Lot Size | 0.27 AC |
The subject property consists of a corner lot which has a two-story building that was once a dry cleaner. Corner lot 62 and lot next [lot 63] needs to be remediated. Lots 64 and 65 are not contaminated based on Environmental Reports.
Description
This property represents a rare development opportunity in Venice, located just seven blocks from the iconic Venice Pier. The offering includes four contiguous lots totaling approximately 12,000 square feet, positioned on a prominent corner at Washington Boulevard and Oxford Avenue. Zoned C-2 for commercial use, the site is suitable for retail or office development, subject to remediation requirements on two of the lots. The property currently includes a two-story structure that formerly operated as a dry cleaner, with additional residential space upstairs. The sale is presented in “as-is” condition, providing flexibility for redevelopment plans. With its prime location in a high-demand coastal market, this site offers exceptional potential for investors and developers seeking to capitalize on Venice’s vibrant commercial corridor.
Property Taxes
| Parcel Numbers | Improvements Assessment | $177,800 | |
| Land Assessment | $341,820 | Total Assessment | $519,620 |
Property Taxes
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707 Washington Blvd
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