This is a unique opportunity to acquire a fully entitled, permit-ready multifamily development site in Venice, one of Los Angeles’ most dynamic and supply-constrained markets. With all permits issued and paid, a developer can break ground on day one, eliminating entitlement risk and accelerating project timelines. The approved plans feature a modern five-story building with 56 units, including a mix of studios, one-bedrooms, and affordable units, supported by one level of subterranean parking. The property’s strategic location offers exceptional connectivity to Silicon Beach, Santa Monica, Culver City, and Downtown Los Angeles, making it highly attractive to renters seeking a live-work-play lifestyle near the coast. Surrounded by premier dining, retail, and cultural amenities, this site is positioned to capture strong demand and premium rents. Priced at $6,495,000, this offering includes approximately $450,000 in paid plans and permits, delivering immediate value and reducing development risk. With 50 market-rate units and six affordable set-asides, this project combines strong revenue potential with compliance advantages, making it an ideal investment for developers looking to capitalize on the Westside’s robust multifamily market.