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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1601 West Venice Boulevard Los Angeles, CA 90006
$795,000 17 beds, 16 baths
0 sqft
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Agent Remarks

Development Opportunity ! Rare RTI project for a 100% affordable housing development in Mid-City LA. Plans approved for nine units (2 one-bed, 6 two-bed, 1 three-bed) plus 820 sq. ft. recreation room with ADU potential. Four-story, Type V construction, no parking required, individual gas/electric meters. Low-risk, high cash flow potential, ideal for government lease or LAHD sale. Prime location near Vermont and FWY, close to public transportation. Currently the lot is used as parking which pays $2000 monthly.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25491007
List price is $795,000
Beds: 17
Baths: 16
0.09 acres
Lot size: 0.0934
County: Los Angeles
Zoning: LACM
Parking description: None
Heating/cooling: None
Heating description: None
MLS area: C16 - Mid Los Angeles

Last Updated: 2/6/2025

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.045227, -118.350815.
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Listing Agent: Maria Samouha
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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