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This Retail Property is no longer advertised on LoopNet.com.

4922 Venice Blvd
Los Angeles, CA 90019

70 Unit Development Site - Mid City · Retail Property For Sale

Investment Highlights

  • LOT SIZE: 16,225sf C2-2D Tier 3 TOC corner lot near the intersection of Venice and La Brea.
  • DEVELOPMENT POTENTIAL: By utilizing the TOC density bonuses, a developer may have the opportunity to build up to 70 units
  • CURRENT IMPROVEMENTS: 7,427sf sf of improvements consisting of 8 residential units, 2 commercial units, and 1 billboard (Lease expires 2022).
  • OPPORTUNITY ZONE: Located within an approved Opportunity Zone, providing the developer with tax reduction incentives.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,247 SF
Building Class
C
Year Built
1920
Building Height
2 Stories
Building FAR
0.45
Lot Size
0.37 AC
Zoning
C2 - C2 Tier 3 TOC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5067-005-002
  • 5067-005-001
Land Assessment
$1,564,619
Improvements Assessment
$270,413
Total Assessment
$1,835,032
  • Listing ID: 23678417

  • Date on Market: 7/14/2021

  • Last Updated:

  • Address: 4922 Venice Blvd, Los Angeles, CA 90019

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