Venice, CA 90291,309 OCEAN FRONT WALK

$2,000,000

$2,150,000

7.0%
Est.Price: ?

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Est. payment /mo

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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California Regional MLS (CRMLS)
Listed by Noel Vietor • Deasy Penner & Partners
Bought with Patrice Allchorn • Teles Properties, Inc.
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6 Jenner, Unit # 250, Irvine, CA, 92618

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