Venice - Fix or Develop the entitlements

OK how bold are you? Still Buying?

Then look at this Small Craftsman Fixer in Venice for 875k

Use as a SFR and hang out while you work your way through the planning dept and Coastal to get the site entitlements for a three or four unit development into nice fully set up property.

Right in the heart of trendy Venice California. Now that price may seem high for the other areas of the state but it is really low for the highly sought after Venice Beach community on the West Side of Los Angeles.

Sales on the same street and in the same APN number show more value. And the best return is when you change the property for the better. What better improvement than to change it from one home into 3 homes with great return potential.

What do you think of Venice? Hit Comments.

Do you want to know more? Send me a email or call.
via my web site at www.REList.net

Sincerely Keith Lambert
Helping you acquire Real Estate and wealth.

builders... R4 site in Venice CA

Best item for you builder types... 13,000 sq ft of R4

In Los Angeles just out side the Coastal Commission reach and yet near to Venice Beach and Marina Del Rey. And it is on Two traffic corridors.

If you go Condo it is very valuable. If you build rental unts is is still profitable. If you use low income credits and programs you can make it a little sweeter still.

At $2,500,000 for the land is the start. Then build up to 4 or 5 stories high.

So... What is your building costs on this type of project?

Let me know your thoughts.

Keith L.
310-754-8116
keith@relist.net
email or call or post your comment for all to see.