408 Linnie Canal, Venice, California 90291, Venice, 90291 - 1 bed, 1 bath
Price Vs. Estimate
The estimated value ($2,078,561.14) is $121,437.86 (5%) lower than the list price ($2,199,999). This property may be overpriced.
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About this home
The Art Garden Venice Canals, Last 3 Undeveloped Parcels. The "Art Garden" is at the heart of the Venice Canals and is one of only 4 triple lots in this 350 home community. On Linnie Canal, these are the last undeveloped contiguous parcels in the Venice Canals. Design your own double lot compound, acquire a single, or experience this green open space triple in the city.The 408 parcel has a luxurious brand new open air studio dwelling only 8ft from the canal property line, leaving room for a pool, additional dwellings/garage or a full size home behind the studio. The choices and combinations are yours. For an end user acquirer, whatever development choice you make there will be immediate equity for something new rather than paying up for something old.Property Highlights: Three lots each with its own unique appeal and potential. Perhaps one of the best and safest physical location on the canals across from the tot lot Linnie duck park. Surrounded by lush greenery and a mature shade canopy on all sides. Friendly, welcoming neighbors and a vibrant community. 408 Linnie Canal Just completed, move-In-Ready dwelling with Expansion Potential Luxurious, never occupied 436 sqft studio dwelling with incredible light and openings to outside ready to move in. Custom kitchen, bathroom, Italian floor tiles and hidden washer dryer hookup provide all you need to stay. Canal facing deck with multiple doors for open air/plan living. Interior facing floor to ceiling triple slider opens up to large entertaining deck that would be perfect for installing a swimming pool. Tremendous room against alley for multiple car garage and living space to work with the swimming pool and canal house. Canal facing dwelling only 8 feet from property line as grandfathered structure creating excellent flexibility to design that site as you wish with multiple structures or a tasteful addition that could build out to full 3,500 sqftliving space dwelling. Canal facing dwelling is on Survey LA but is not a full historic designation.. A buyer of all 3 lots could develop two and sell one to have lowest cost of ownership of a brand new custom double lot compound.A true oasis in the city, providing endless opportunities for creativity and development for an end user who wants value, equity and their own special place.