815 Ocean FrontVenice, CA 90291

Description

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.

Property Information

Property type

Commercial Sale

Sub-type

Multi Family

Year built

1908

Stories

2

Building area

4,500 Sq Ft

Lot size

0.10 acres

Zoning

C1

Days on market

5

MLS^® Listing#

OC26214724

Property Features

Laundry

Inside

Lot features

Near Public Transit · Rectangular Lot

Utilities

Cable Available · Electricity Available · Natural Gas Available · Phone Available · Sewer Available · Water Available

Water source

Public

Parcel number

4286027008

Directions

Brooks to Ocean Front Walk