11416 Venice Boulevard, Los Angeles, California 90066, Los Angeles, 90066 - 2 bed, 1 bath
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11416 Venice Boulevard
Los Angeles, California 90066
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
776Sq Ft
2,499Lot Size
Property Price
LIST PRICE$799,000
SUMMARY
LAR3 zoned investment / development opportunity in the highly sought after Mar Vista neighborhood of West Los Angeles. Situated on a 2,499 square foot lot, this property features a 2-bedroom, 1-bath home with approximately 776 square feet of living space and a detached two-car garage. The property is currently tenant occupied with below-market rental income. An excellent opportunity for investors seeking long-term appreciation or developers looking to secure a prime Westside location for a future project (buyer to verify development potential with the City). Please do not disturb tenants.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1951 (73 years old) with no evidence of renovations, the property is explicitly marketed as a 'development opportunity' for its LAR3 zoning. Interior photos show heavily worn flooring and original, dated kitchen cabinetry, indicating the primary value is in the land rather than the existing structure.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property is zoned LAR3, providing a significant opportunity for investors or developers to maximize the value of this Westside lot through multi-unit construction.
- Prime Mar Vista Location
Situated in a highly sought-after West Los Angeles neighborhood, the property offers excellent proximity to major employment hubs, dining, and coastal amenities.
- Competitive Market Pricing
Positioned as the lowest-priced single-family residence in the area, this listing offers a rare entry-level price point for a high-appreciation market.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
At only 2,499 square feet, the small lot size may constrain the scale and density of future development projects compared to larger parcels.
- Tenant Encumbrance
The property is currently tenant-occupied with below-market rental income, which may complicate immediate redevelopment plans or owner-user occupancy.
About 11416 Venice Boulevard
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 2,499 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Charnock Road Elementary School
Grades K-6 • 0.5 mi
4/10
Grand View Boulevard Elementary School
Grades K-5 • 0.7 mi
6/10
La Ballona Elementary School
Grades K-5 • 0.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 776 | 1,670.836 |
| Lot Size | 2,499 | 6,152.156 |
| Price | $799.0K | $1.34M |
| Price per sq ft | $1.0K | $807 |
| Built year | 1951 | 1941 |
| HOA | $0 | $238 |
| Days on market | 103 | 56 |
Pricing History
Listed for Sale
Sep 22, 2026
$799,000
$825,000
-3% Price Drop
Initial Listing
Price Change
Aug 22, 2026
$825,000
$925,000
-11% Price Drop
Initial Listing
Price Change
Jul 29, 2026
$925,000
Initial Listing