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10961-10967 W. Venice Boulevard is a prime West Los Angeles development opportunity located in the Palms neighborhood (90034). Situated on two contiguous parcels totaling 12,208 square feet, the property occupies a corner lot zoned C2-1 with frontage, side, and alley access. The lot measures approximately 110 feet by 111 feet and is currently improved with an auto body shop, smog shop, four residential units, and two billboards. Both parcels are to be sold together. The site offers excellent development potential with multiple options: (1) Market Rate "” up to 32 units with a FAR of 18,132 square feet; (2) TOC Tier 3 with a 70% Density Bonus "” up to 57 mixed-income units with a FAR of 45,780 square feet; and (3) 100% TOC "” up to 60 mixed-income units with a FAR of 51,884 square feet. The property may qualify as an ED-1 eligible site, allowing for 100% affordable housing development. Ideally located near major Westside employment and tech hubs, including Amazon, Fox, Sony, Apple, HBO, and 500+ Silicon Beach companies, the property offers easy access to dining, shopping, and entertainment such as the Culver City Arts District, Westfield Century City, and Runway Playa Vista, with convenient connectivity via the Palms Expo Line Station and the 10 and 405 freeways. With its favorable zoning, strong fundamentals, and strategic location, 10961-10967 W. Venice Boulevard represents an exceptional development opportunity in one of West LA's most dynamic neighborhoods.
Property Type(s):
Commercial
| Last Updated | 12/15/2025 | Year Built | 0 |
|---|---|---|---|
| Community | C13 - Palms - Mar Vista | County | Los Angeles |
Additional Details
| AREA | C13 - Palms - Mar Vista |
|---|---|
| LOT | 0.2803 acre(s) |
| LOT DIMENSIONS | 12208 |
| STORIES | 1 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
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.
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