40 23RD Ave, Venice, CA 90291

Property Description

Venice Development Opportunity just a block from the sand! Located on a quiet walk street and hidden behind tall fences, this property consists of a charming 2 bed/1 bath bungalow front house and a 1 bed/1 bath unit above the detached 3-car garage. Sale includes renderings and plans for a two-unit building with three levels, an elevator, and a rooftop deck with ocean views. Permits are awaiting city approval. The plans call for a 3 bed/3.5 bath unit with 3,229 SF and a 1 bed/1 bath ground-floor unit with 500 SF. Property can be delivered vacant or with tenants in place. Fantastic location central to the best of both Venice and Marina del Rey, just a block to the beach and the residential section of Ocean Front Walk, within a few blocks of the Venice Canals, the boardwalk, and the Venice Pier, and just minutes away from the hottest dining/retail on Abbot Kinney Blvd and Washington Blvd. Whether you're looking for an investment or income property, a classic beach bungalow to remodel, or something to build from the ground up, this property is an incredible opportunity full of potential.