Fully entitled RTI plans are Coastal Commission approved to build 2 units on Abbot Kinney in the heart of Silicon Beach. Property can be developed as a duplex or as a single family with ADU and targeted towards buyers looking for creative live/work space. A rare opportunity to have coveted R3-1 zoning providing the option for multifamily development or restoration of the current 2-bed, 1-bath original Craftsman home. The stamped plans call for an architectural 3-story residence with 5,300 sq ft of living space, complete with an elevator and a 1,200 sq ft ADU. The versatile and flexible floor plan also allows for a seamless, creative live/work space with a sought-after Abbot Kinney address live in the unit above and work on the lower level. The rigorous process of planning and approval through the Coastal Commission has already been handled by the Sellers to clear the way for a less stringent and time-consuming process. Build your dream home on one of the most desirable streets and locations, steps to the best dining and shopping along Abbot Kinney! This unparalleled location is in the heart and soul of Venice. Embrace the local creative character, amazing nearby food options, walkability, and sense of community. Don't miss this exceptional opportunity.

The manager has listed the unit size as 1283 square feet.