4922 Venice Blvd | Los Angeles, CA 90019
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- LoopNet Team
4922 Venice Blvd
Los Angeles, CA 90019
70 Unit Development Site - Mid City · Retail Property For Sale
Investment Highlights
- LOT SIZE: 16,225sf C2-2D Tier 3 TOC corner lot near the intersection of Venice and La Brea.
- DEVELOPMENT POTENTIAL: By utilizing the TOC density bonuses, a developer may have the opportunity to build up to 70 units
- CURRENT IMPROVEMENTS: 7,427sf sf of improvements consisting of 8 residential units, 2 commercial units, and 1 billboard (Lease expires 2022).
- OPPORTUNITY ZONE: Located within an approved Opportunity Zone, providing the developer with tax reduction incentives.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,247 SF
Building Class
C
Year Built
1920
Number of Floors
2
Building FAR
0.45
Lot Size
0.37 AC
Zoning
C2 - C2 Tier 3 TOC
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £215,091 | |
| Land Assessment | £1,244,527 | Total Assessment | £1,459,618 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,244,527
Improvements Assessment
£215,091
Total Assessment
£1,459,618
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