Description

Introducing "The VC CANVAS," a rare opportunity to build a custom residence in the iconic, highly desirable, and supply constrained Venice Canals, one of the most sought after and recognizable enclaves in all of Venice. Situated along a prime walk street within this historic approximately 350 home community, this offering represents one of the last remaining undeveloped parcels, presenting a true blank canvas for a design forward ground up build.While currently unentitled, the property offers a clear path forward. A similar plan is being executed at neighboring 404 Linnie Canal, with RTI plans expected in approximately 30 days for an approximately 3500 square foot architectural residence with a rooftop deck, providing a strong blueprint for a comparable build on this site.Ideally positioned near Linnie Canal Park and just moments from the beach, Abbot Kinney, and Main Street, the location captures the essence of coastal Venice living. Set along a quiet pedestrian walkway with views toward the Dell Bridge and surrounding greenery, the property offers an exceptional setting for a private, architecturally significant home.The adjacent properties at 404 and 408 Linnie Canal are also available for sale, creating a rare opportunity to assemble a double or triple lot compound, one of the few opportunities within the Venice Canals to achieve meaningful scale, expanded outdoor living, and a truly bespoke coastal estate.Recent sales of fully dialed new construction homes within the Venice Canals have ranged between approximately $1400 and $1700 per square foot, presenting a compelling opportunity for investor upside or for end users seeking to build equity through the development of a custom residence tailored to their vision.With extremely limited inventory and continued demand for modern canal living, "Venice Canals Canvas" presents a compelling opportunity to create a legacy property in one of Los Angeles' most coveted coastal neighborhoods.