REDUCED $59,000.000 Great opportunity for an investor. Architect available to take through to completion. These plans were completed and design was taken to coastal commision and venice specific plan. The coastal commission said the design could be accepted for a 'coastal exempt status'(nickname: CEX). With this exemption, buyer will be spared an estimated one year's process with the coastal commission and it's rounds of public hearings.To apply for a coastal exemption is next step and would take 6 weeks, cost $1900 fee with application. The main criteria that the revised design meets in order to get the coastal exemption is that we use 50% or more of the walls that are there. There are other influencing factors that could see a project rejected, but we do not believe that any would apply to this project. For example, we have consciously limited our height so as not to exceed what is there presently for a 2,546 sq. ft. main house and a 512 sq. ft. studio/recreation room with a 1/2 bath for a total of 3,058 sq. ft. of top notch state of the art modern designed. These plans have not been submitted for approval as of yet, but the plans have been vetted through building and safety and meet all building requirements (buyer to do there own due diligence). The photo of an actual property is a match to the architectural plans. There is no guarantee the property will be exactly the same at completion.
Summary
Property Type : Single Family Residence
Year Built : 1953
County : Los Angeles
View : None
Community : C11 - Venice
Community Features: Curbs
MLS ID : RS18183580
Bathroom Information
# of Baths (Full): 2
# of Baths (Half): 0
Room Information
No Value
Flooring Information
No Value
Fireplace
None
Heating
No Value
Cooling
None
Parking Information
# of Parking Spaces: 2
Parking Features: Description not available
Garage Information
Attached Garage
# of Garage Spaces: 2
Lease Information:No Value
Backyard : No Value
Roof Information : No Value
Sewer : PUB
Water : District/Public
Association Frequency : No Value
Association Dues : Yes, $0
Utility :
Appliances :
Size :
Area Sq. Ft. :
Lot Size Source :
Parcel Number :
Zoning :
Fence :
Pets : No
Laundry Service : Yes, Area
Interior Features : No
Appliances : No
Association Amenities : No
Water Front : No
Maintenance Cost :
Addition Info : No
Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number [01991628]. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate.