Venice, CA 90291
IN ESCROW PENDING COURT CONFIRMATION.$3.1 price includes 1600 VENICE - APN #4236-006-013 - 3 - two bedroom, one bath. 7 multifamily units total. Gross Income - $87,540 - Prime development location on Venice Blvd. in Venice, California. Minutes from the beach, the land sits close to a number of retail amenities with close access to the 405, 10, 90 Freeways. The subject property offers a Developer a remarkable opportunity to develop a well-trafficked and extraordinary multifamily building in Venice. The current residents are on month-to-month leases and offers income while obtaining entitlements. Superb Corner Lots with Back Alley access. Multiple ingress and egress options. PLEASE DO NOT DISTURB TENANTS. SUBJECT TO COURT CONFIRMATION.
Douglas Steinriede with Dover Management Corp.
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