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We are proud to present 4922-4930 Venice Blvd, a 2 parcel assemblage consisting of 7,400 +/- SF of mixed-use space situated on 16,200sf of LAC2 Tier 3 TOC zoned land. The property consists of 8 residential units (month-to-month), 2 commercial units (month-to-month), and 1 billboard (expires in 2022). The land is zoned C2 and is located within a 2D height district and Tier 3 TOC designation, providing a developer the opportunity to build up to a maximum of 70 units on the property. By utilizing the Tier 3 TOC designation, a developer may be able to increase density by 70%, reduce parking requirements, and increase height. 4922-4930 Venice Blvd is located in an Opportunity Zone making for additional potential tax benefits for both the investor and potential users of the existing spaces or as new development. Contact listing broker for additional information. Read More

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