$6,950,000

Rare Venice Beach Boardwalk mixed-use development opportunity at 723 Ocean Front Walk. Approx. 8,165 SF / 0.19-acre parcel at the NW corner of Ocean Front Walk and Park Ave with direct Boardwalk frontage. City Planning and California Coastal Commission-approved development program, subject to applicable permit conditions and remaining governmental requirements, for an approx. 12,983 SF three-story mixed-use project containing 16 residential units, including 3 Very Low-Income units, plus approx. 1,363 SF of ground-floor commercial / retail-takeout restaurant space. Plans also include approx. 1,488 SF rooftop community space, 9 vehicle parking spaces and 26 bicycle spaces. C1-1 zoning / Community Commercial land-use designation. Approx. three blocks from Abbot Kinney Blvd with convenient access to Main Street, Santa Monica and Marina del Rey. Offered at $6,950,000. Buyer to independently verify zoning, entitlement and permit status, conditions of approval, expiration dates, plans, dimensions, square footage, allowable uses and all governmental or construction requirements.