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RTI opportunity for the complete renovation of two two-story, four-unit buildings (eight total units) with both coastal and city approvals in place. This offering provides a rare chance to reposition a legacy multifamily asset with clear entitlement visibility in one of Los Angeles' most supply-constrained coastal markets. A full construction quote is in hand, offering transparency on scope, timing, and overall cost, and allowing a buyer to move forward with confidence. The approved plans include private outdoor patios for all four ground-floor residences, enhancing indoor-outdoor coastal living and tenant appeal. Situated directly on Venice Beach's world-famous boardwalk, the property enjoys unobstructed ocean views and irreplaceable oceanfront frontage. The location is further enhanced by close proximity (just two blocks) to Abbot Kinney Boulevard, Main Street, and Rose Avenue, placing premier dining, retail, and lifestyle amenities within easy reach. Architectural plans and finish packages are complete and ready for immediate execution, enabling construction to commence without delay. This is an exceptional value-add investment opportunity combining RTI entitlements, premier oceanfront exposure, and enduring rental demand in one of Southern California's strongest coastal submarkets.
Property Type(s):
Residential Income
| Last Updated | 1/30/2026 | Year Built | 1908 |
|---|---|---|---|
| Community | C11 - Venice | County | Los Angeles |
Additional Details
| APPLIANCES | Dishwasher, Disposal, Refrigerator, Washer |
|---|---|
| AREA | C11 - Venice |
| HEAT | Forced Air, Zoned |
| LOT | 4504 sq ft |
| LOT DIMENSIONS | 4504 |
| PARKING | None |
| STORIES | Two, Multi/Split |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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