Prime opportunity in the heart of Venice, moments from Abbot Kinney, Rose, Main St, and the beach. Located west of Lincoln Blvd, this approx. 5,203 sf, LARD1.5 zoned lot, with alley access will be delivered vacant, ready for updates, expansion or a complete rebuild. Privately situated, the current site comes with a quintessential Venice bungalow fixer, replete with an open-concept living room, dining area and kitchen, polished concrete floors, loft-like exposed ceilings, and a large bedroom with full bathroom. A bonus for Buyers: development plans were in process (not RTI) and are conditionally available to a buyer. The plans are for two new architectural single-family homes with a small lot subdivision: House 1, 2,637 sf house + 333 sf garage; House 2, 3,223 sf house + 333 sf garage. The plans will be made available for viewing after the execution of a non-disclosure agreement. Use of the Plans are subject to the execution of a conditional license, which the architect has agreed to provide. A wonderful opportunity not to be missed...priced to sell!