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$895,000   Price Analysis
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1601 Venice Blvd
Los Angeles, CA 90006
Unknown bed 0 bath unknown SqFt ($0/SqFt)
4,070SqFt lot.
Listed 2024-08-03, Taxes $4,073
Ⓧ USDA Ineligible
due to property

near Los Angeles

We are pleased to present a remarkable development opportunity at 1601 Venice Blvd

Los Angeles, This ready-to-issue (RTI) prject offers an excellent chance to create a transformative, 100% affordable housing community consisting of 9 units plus 8 20 sqft of Recreation room for ADU potential. The units are broken down into Two 1-bedroom, 1 bath units and six 2 bedroom + 2 bath units, One 3 bed + 2 bath, catering to a diverse range of residents.

4 story on Grade building , Individual electricity and gas meter, low cost Efficient type V construction with no parking requirement, Proposed construction, Great cash on cash potential, Low Risk, contract lease with government agencies or sell to LAHD. Situated in a prime location in Mid City of Los Angeles, North of the 10 freeway and Vermont interchange. It is conveniently located close to public transportation.


Presented by Eliza Kerendian at
Keller Williams Realty Westside.


Property MLS #24-423363 from TheMLSCLAW

Lot Size Acres: 0.0934343
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4070

View: City

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Los Angeles
Directions: West of Hoover, East of Vermont, North of Fwy 10 on Venice Blvd
Source Property Type: Land
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5056-003-025
Postal Code Plus 4: 4607
Zoning: LACM
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$6,032 + $301,816
$307,848
$4,073
2021$5,914 + $295,899
$301,813
$4,029
2020$5,854 + $292,865
$298,719
$4,066
2019$5,740 + $287,123
$292,863
$3,921
2018$5,628 + $281,494
$287,122
$3,828
2017$5,518 + $275,975
$281,493
$3,752
2016$5,410 + $270,564
$275,974
$3,683
2015$5,329 + $266,500
$271,829
$3,634
2014$5,225 + $261,280
$266,505
$3,649
2013$5,202 + $260,100
$265,302
$3,643
2012$5,100 + $255,000
$260,100
$4,221
2010$5,000 + $250,000
$255,000
$716
2009$unknown + $31,095
$31,095
$695
2009$unknown + $31,021
$31,021
$695
2008$unknown + $30,486
$30,486
$678
2007$unknown + $29,889
$29,889
$667

Listed 2024-08-03
$895,000
TheMLSCLAW
Listed 2024-07-30
$895,000
TheMLSCLAW
Listing removed 2024-07-25
$0
TheMLSCLAW
Listed 2024-07-14
$890,000
TheMLSCLAW
Listing removed 2018-05-03
$699,000
TheMLSCLAW
Listed 2018-01-22
$699,000
TheMLSCLAW
Sold 2010-12-01
$255,000
Public Record
Listing removed 2010-11-21
$315,000
SoCalMLS
Price Changed 2010-08-02
$315,000
SoCalMLS
Price Changed 2010-06-22
$290,000
SoCalMLS
Price Changed 2010-06-09
$299,999
SoCalMLS
Listed 2010-06-01
$320,000
SoCalMLS

Sewer: In Street

Magnolia Avenue Elementary School is a public elementary school located approximately 0.1 miles away.
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West Adams Preparatory High School is a public high school located approximately 0.3 miles away.
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Berendo Middle School is a public middle school located approximately 0.5 miles away.
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Loyola High School Of Los Angeles is a private high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.