Listed by R. Austin Brasch of Compass
RTI opportunity for the complete renovation of two two-story, four-unit buildings (eight total units) with both coastal and city approvals in place. This offering provides a rare chance to reposition a legacy multifamily asset with clear entitlement visibility in one of Los Angeles' most supply-constrained coastal markets. A full construction quote is in hand, offering transparency on scope, timing, and overall cost, and allowing a buyer to move forward with confidence. The approved plans include private outdoor patios for all four ground-floor residences, enhancing indoor-outdoor coastal living and tenant appeal. Situated directly on Venice Beach's world-famous boardwalk, the property enjoys unobstructed ocean views and irreplaceable oceanfront frontage. The location is further enhanced by close proximity (just two blocks) to Abbot Kinney Boulevard, Main Street, and Rose Avenue, placing premier dining, retail, and lifestyle amenities within easy reach. Architectural plans and finish packages are complete and ready for immediate execution, enabling construction to commence without delay. This is an exceptional value-add investment opportunity combining RTI entitlements, premier oceanfront exposure, and enduring rental demand in one of Southern California's strongest coastal submarkets.

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Based on information submitted to CRMLS as of May 20, 2026 10:51 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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