10961 Venice Blvd

Los Angeles, CA, 90034

For Sale $4,000,000

0.28acre

Shen Schulz (310) 980-8809shen@shenrealty.com

10961–10967 W. Venice Boulevard is a prime West Los Angeles development opportunity located in the Palms neighborhood (90034). Situated on two contiguous parcels totaling 12,208 square feet, the property occupies a corner lot zoned C2-1 with frontage, side, and alley access. The lot measures approximately 110 feet by 111 feet and is currently improved with an auto body shop, smog shop, four residential units, and two billboards. Both parcels are to be sold together. The site offers excellent development potential with multiple options: (1) Market Rate — up to 32 units with a FAR of 18,132 square feet; (2) TOC Tier 3 with a 70% Density Bonus — up to 57 mixed-income units with a FAR of 45,780 square feet; and (3) 100% TOC — up to 60 mixed-income units with a FAR of 51,884 square feet. The property may qualify as an ED-1 eligible site, allowing for 100% affordable housing development. Ideally located near major Westside employment and tech hubs, including Amazon, Fox, Sony, Apple, HBO, and 500+ Silicon Beach companies, the property offers easy access to dining, shopping, and entertainment such as the Culver City Arts District, Westfield Century City, and Runway Playa Vista, with convenient connectivity via the Palms Expo Line Station and the 10 and 405 freeways. With its favorable zoning, strong fundamentals, and strategic location, 10961–10967 W. Venice Boulevard represents an exceptional development opportunity in one of West LA’s most dynamic neighborhoods.

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Listed by:

Robert Sillman with Lyon Stahl Investment Real Estate, Inc.

(310) 425-9838

Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.

(310) 425-9838

10961 Venice Blvd is a Land property located in Los Angeles, California, featuring a 0.280 acre lot, MLS #SB25275084.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2025-12-15 16:28:38