$2,000,000
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SOLD DATE : 03/19/2014
Key Details
Sold Price $2,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 13688175
Sold Date 03/19/14
HOA Y/N No
Property Description
33.3' of Ocean Front Walk frontage 115' deep. Presently used as a parking lot with $8,500 month to month income. Must be purchased with 305 Ocean Front Walk ($2.25M) to make an 8,206 sf parcel ($4.4M for both parcels) with 71' of frontage. Mixed Use or Small Lot Subdivision. Could build 3 lofts above ($10K Rent for each) and 3 retail stores below ($7K rent for each) on combined lots as completed on 619 Ocean Front Walk. $612K GRI. Tentative restaurant approval from City with 2nd floor parking structure(18 month approval process). Price is Firm. Seller wants fast Close
Location
State CA
County Los Angeles
Area C11 - Venice
Interior
Fireplace No
Exterior
View Y/N Yes
View Ocean
Others
Tax ID 4286030023
Special Listing Condition Standard
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Bought with Patrice Allchorn • Teles Properties, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States