$1,400,000

674 Olive ST, Venice, CA

4 Bedrooms • 2 Bathrooms • 1460 Sq Ft • Lot : 5179 Sq Ft

$1,400,000

Venice, CA

4 Bedrooms •2 Bathrooms • Lot : 5179 Sq Ft • 1460 Sq Ft

Hide

$1,400,000

674 Olive ST
Venice, CA 90291

Get Directions
Status: Closed Sale
  • 4 Bedrooms
  • 2 Bathrooms
  • 2
  • Lot : 5179 Sq Ft
  • 1460 Sq Ft
  • Description

    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.

    Listed By : TLC Real Estate Services Inc
    Listing Source : California Regional Multiple Listing Service

    Summary

    Property Type : Single Family Residence

    Year Built : 1953

    County : Los Angeles

    View : None

    Community : C11 - Venice

    Community Features: Curbs

    MLS ID : RS18183580

  • Interior Features

    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 / Garage

    Parking Information

    # of Parking Spaces: 2

    Parking Features: Description not available

    Garage Information

    Attached Garage

    # of Garage Spaces: 2

  • Property Features

    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

  • Comparable Homes

    Homes like this sold for .
    $

    This home

    2
    $
  • Schools

    Rating
    School
    Type
    Grades
    Distance
    1. No results found
    1. No results found
    1. No results found
    1. No results found
  • Neighborhood

    Walker's Paradise

    Not Avaiable

  • Similar Properties

Contact Agent

SEND MESSAGE

REACH OUT

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.

Stewart Fournier Compass Associate DRE. Lic. # 01280071
Randi Elasowich  Compass Associate DRE. Lic. # 01272345

9454 Wilshire Blvd. #400
Beverly Hills CA 90210