Build your dream ocean view/beach home on a prestigious Venice Beach walk-street! Vacant lot with fully entitled building plans, permit is in Ready To Issue (RTI) status. Plans are for construction of a stunning 3-story, 3 bedroom + 3.5 bathroom single family home that is 2,799 sf, and an attached 2-story, 1 bed / 1.5 bath loft ADU unit that is 815 sf. Designed by architectural firm LARC, Inc. this modern architectural gem has thoughtful details and designs throughout.
Direct ocean views from multiple levels of balconies and an expansive roof deck. The front house has approved 280 sf of balcony space and a 680 sf roof deck! Versatile design which includes a two level loft ADU unit at the rear of the property with its own entrance and access and 115 sf balcony. The ADU unit itself can generate up to $5,000-$6,000/month in rent to help offset the mortgage. Parking consists of a 2-car enclosed garage with an additional space behind the garage. The ADU has 1 carport parking space for a total of 4 car parking. The approved plans include a 5 foot front yard setback reduction variance which enhances the ocean and sunset views even more! Full plans available to view upon request from serious interested buyers.
3.9% CAP Rate in Santa Monica! Sitting atop a hill just 2… More