685-688 Westminster Ave - Commercial LAND FOR SALE


Venice, CA 90291 40,511 SF
$9,000,000 USD
310-430-9918
685-688 Westminster Ave, Venice, CA for Sale
$9,000,000 USD
Commercial LAND - FOR SALE
1/8
40,511 SF

685-688 Westminster Ave
Venice, CA 90291


HIGHLIGHTS

  • Exclusive Townhome Comunitty Potential

OVERVIEW

685 & 688 WESTMINSTER AVE Reimagining Venice Living with Scale and Style. An extraordinary opportunity to create a high-end townhome community in the heart of Venice, CA; a scale and vision rarely available in this market.685 & 688 Westminster Avenue together comprise a ±40,456 SF assemblage in the heart of Venice—just blocks from Abbot Kinney Boulevard and minutes from the beach. This is the largest contiguous residential land opportunity west of Lincoln Boulevard, making it an unparalleled canvas for a new townhome development. The offering is comprised of 685 Westminster Avenue, an existing approximately 12,313 SF two-story church structure and parking lot situated on five lots comprising approximately 29,170 SF of land, and 688 Westminster Avenue, a vacant parking lot on two lots with a recorded covenant historically tied to 685 Westminster Ave comprising approximately 11,286 SF of land. Both parcels are zoned RD1.5-1 and must be purchased together.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/ACRE

$9,677,372/AC

PRICE/SF

$222 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Senior, Apartment Units - Subsdzd

LAND ACRES

0.93 AC

LAND SF

40,511 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

LARD-1.5

APN/PARCEL ID

4239-019-021,4239-024-001

ASK ABOUT THIS PROPERTY

Christopher JonesJesse Weinberg & AssociatesMore Info
310-430-9918

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Christopher JonesJesse Weinberg & AssociatesMore Info
310-430-9918

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.