720 Hampton Dr

$3,700,000, 4 Beds 2 Baths 2,272 Sqft

About This Property

718-720 Hampton Drive (Sold Together APN: 4286-008-009 and 4286-008-010). Zoned LAC2, this Venice Beach Compound is only two blocks from one of the most stylish streets on the West Side - Abbott Kinney. ONLY four blocks from the world famous Venice Beach Boardwalk and close proximity to the Google offices and the rest of Silicon Beach's prominent tech companies. With this Mixed-Use Corner Lot Property, you have the best of both worlds! You have an amazing opportunity to build both Commercial and Residential units while collecting during your Entitlement period - $18,000/per month from the current tenants! Based on Highest and Best Use report - there is the potential to build up to 11,453 sqft : 5,100 sqft of Commercial and 6,343 sqft of Residential. The property currently has 2 commercial office tenants occupying the two freestanding buildings (remodeled in 2016) and has 7 parking spaces.This PRIME Development Opportunity is Perfect for Developers, Investors or Owner-User.

Essential Information

MLS® #19420144
Price$3,700,000
Bedrooms4
Bathrooms2.00
Square Footage2,272
Acres0.00
Year Built1953
TypeResidential Income
Sub-TypeDuplex
StatusPending

Community Information

Address720 Hampton Dr
AreaVenice (C11)
CityVenice
CountyLos Angeles
StateCA
Zip Code90291

Amenities

Parking Spaces7
ParkingSide by Side, Parking Space

Interior

AppliancesDishwasher
CoolingElectric
# of Stories1

Additional Information

Date ListedJanuary 3rd, 2019
Days on Market75
ZoningLAC2
HOA Fees0.00

Listing Details

AgentTaunee L. English(01475921)
OfficeLions Realty Group

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720 Hampton Dr, Venice (MLS® #19420144) Property History

Status Changed from Back Up Offer to Pending
Status Changed from Active to Back Up Offer
Price Reduced from $3,800,000 to $3,700,000

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Listing information last updated on April 23rd, 2019 at 6:46am PDT.

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