DEVELOPER'S OPPORTUNITY in Mar Vista 14,133 SF on Prime Venice Blvd. Two Side-by-Side Parcels | LAR3 Zoning | Tier 1 TOC | ED1 Eligible. Calling all developers, builders, and visionaries: seize the chance to own two contiguous parcels totaling 14,133 square feet in the highly sought-after Mar Vista neighborhood of Los Angeles. Located on iconic Venice Boulevard a dynamic, high-visibility corridor in the heart of Los Angeles. Being Sold Together FOR LOT VALUE - 4 units at 11848 Venice Blvd (Lot Size: 7,089 sqft, APN: 4214-017-032) and 3 units at 11856 Venice Blvd (Lot Size: 7,044 sqft, APN: 4214-017-033). This is a unique opportunity. Must be sold together. Submit your offer today.
Listing Courtesy of Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Linda Light
$1,495,000
Los Angeles Area Multi-Family Home
Active
11887 Jefferson Boulevard Los Angeles, CA 90230
4 Bed
6 Baths
2992 sqft
MLS# 25532335
Unlock the full potential of this 6-unit apartment building positioned between Culver City and Playa Vista- two of LA's most tech-driven and rapidly developing neighborhoods, which offers a rare chance to invest in a well-located asset with significant upside potential. On a nearly 5,000 square foot lot, the 2,992 SF building is spread across two structures: four 1+1 units in front and two 0+1 units above the four garages in the rear. One of the 1+1 units is currently vacant, allowing the new owner to immediately lease or renovate. The building presents a clear value-add or redevelopment opportunity and is surrounded by other active and upcoming large-scale development projects. Zoned LAR3 and TOC Tier 1, the site is ideal for developers or investors seeking density bonuses and city incentives (buyer to verify). The location supports strong rental demand with proximity to major employers like Google, YouTube, Amazon, and Sony Pictures. Close to Sofi Stadium, Playa Vista's Whole Foods and Cinemark Theater, trendy shops and restaurants, and quick access to freeways and LAX.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Linda Light