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10967 Venice Blvd - 10961-10967 W Venice Blvd Lot • Terrain commercial • 0,28 Acres • 5 473 600 $ CAD • Los Angeles, CA 90034
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Faits saillants de l'investissement
- Prime Palms, West LA Location – Ideal for residential and mixed-use development
- Corner Lot – 110 ft × 111 ft with frontage, side, and alley access
- May Qualify as ED-1 Eligible Site – Supports 100% affordable housing
- Two Adjacent Parcels – Totaling 12,208 SF, zoned C2-1
- Market Rate (~32 Units), TOC Tier 3 (~57 Units), 100% TOC (~60 Units)
- Parcels Sold Together – Both parcels must be acquired as one
Résumé de l'annonce
10961–10967 W. Venice Boulevard is a prime West Los Angeles development opportunity located in the Palms neighborhood (90034). Situated on two contiguous parcels totaling 12,208 square feet, the property occupies a corner lot zoned C2-1 with frontage, side, and alley access. The lot measures approximately 110 feet by 111 feet and is currently improved with an auto body shop, smog shop, four residential units, and two billboards. Both parcels are to be sold together.
The site offers excellent development potential with multiple options: (1) Market Rate — up to 32 units with a FAR of 18,132 square feet; (2) TOC Tier 3 with a 70% Density Bonus — up to 57 mixed-income units with a FAR of 45,780 square feet; and (3) 100% TOC — up to 60 mixed-income units with a FAR of 51,884 square feet. The property may qualify as an ED-1 eligible site, allowing for 100% affordable housing development.
Ideally located near major Westside employment and tech hubs, including Amazon, Fox, Sony, Apple, HBO, and 500+ Silicon Beach companies, the property offers easy access to dining, shopping, and entertainment such as the Culver City Arts District, Westfield Century City, and Runway Playa Vista, with convenient connectivity via the Palms Expo Line Station and the 10 and 405 freeways.
With its favorable zoning, strong fundamentals, and strategic location, 10961–10967 W. Venice Boulevard represents an exceptional development opportunity in one of West LA’s most dynamic neighborhoods.
The site offers excellent development potential with multiple options: (1) Market Rate — up to 32 units with a FAR of 18,132 square feet; (2) TOC Tier 3 with a 70% Density Bonus — up to 57 mixed-income units with a FAR of 45,780 square feet; and (3) 100% TOC — up to 60 mixed-income units with a FAR of 51,884 square feet. The property may qualify as an ED-1 eligible site, allowing for 100% affordable housing development.
Ideally located near major Westside employment and tech hubs, including Amazon, Fox, Sony, Apple, HBO, and 500+ Silicon Beach companies, the property offers easy access to dining, shopping, and entertainment such as the Culver City Arts District, Westfield Century City, and Runway Playa Vista, with convenient connectivity via the Palms Expo Line Station and the 10 and 405 freeways.
With its favorable zoning, strong fundamentals, and strategic location, 10961–10967 W. Venice Boulevard represents an exceptional development opportunity in one of West LA’s most dynamic neighborhoods.
Faits sur la propriété
| Prix | 5 473 600 $ CAD | Sous-type de propriété | Terrain commercial |
| Type de vente | Investissement | Utilisation proposée | |
| Nombre de lots | 1 | Taille totale du lot | 0,28 AC |
| Type de propriété | Terrain | ||
| Zonage | LAC2-1 | ||
| Prix | 5 473 600 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | |
| Taille totale du lot | 0,28 AC |
| Zonage | LAC2-1 |
1 Lot disponible
Lot
| Prix | 5 473 600 $ CAD | Taille du lot | 0,28 AC |
| Prix par AC | 19 532 247,73 $ CAD |
| Prix | 5 473 600 $ CAD |
| Prix par AC | 19 532 247,73 $ CAD |
| Taille du lot | 0,28 AC |
1 1
Walk Score®
Très pratique à pied (85)
Bike Score®
Très cyclable (78)
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 507 063 $ CAD | |
| Évaluation du terrain | 3 675 123 $ CAD | Évaluation totale | 4 182 185 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
3 675 123 $ CAD
Évaluation des bâtiments
507 063 $ CAD
Évaluation totale
4 182 185 $ CAD
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10967 Venice Blvd - 10961-10967 W Venice Blvd
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