415 Sherman Canal - Key Lot on Sherman Canal 0.07 Acres of Residential Land Offered at $2,100,000 in Venice, CA 90291

INVESTMENT HIGHLIGHTS

  • Key Lot on Venice Canals
  • Easy parking and access.
  • $ Blocks from Venice/Marina Del Rey Beaches

EXECUTIVE SUMMARY

Prime investment opportunity to own on the Historic Venice Canals. One of the few lots available. Existing 1 bdrm., 1 bath bungalow is a tear-down and there is a tenant's personal property scattered along the outside areas. Tenant has not been legally relocated or evicted and is refusing to vacate.The property will not be delivered vacant at COE. Seller will not assist in relocation of either tenant or of the personal property.But this is ready for a sophisticated developer.who knows the legal LAHD procedures and can appreciate the lowered price point as a concession from the seller.

PROPERTY FACTS

Price $2,100,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 0.07 AC

1 LOT AVAILABLE

Lot 6

Price $2,100,000
Price Per AC $32,029,283.92
Lot Size 0.07 AC

GSHORT LINE BEACH VENICE CANAL SUB # 1 LOT 6

DESCRIPTION

30 x 95 ft. lot facing Sherman Canal. South facing exposure. Level lot. Existing 384 sf. bungalow on property.

Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (98)

ZONING

Zoning Code LARW-1
  • Listing ID: 32224424

  • Date on Market: 6/22/2024

  • Last Updated:

  • Address: 415 Sherman Canal, Venice, CA 90291