404 Linnie Cnl, Venice, CA 90291

Description

FULLY READY TO ISSUE (RTI)!!!!!! A rare FULLY READY TO ISSUE (RTI) opportunity to acquire a design forward and wellness inspired development project 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 delivers both vision and velocity for a ground up architectural residence. The property will be delivered with ready to issue (RTI) plans for an approximately 3,600 square foot contemporary masterpiece with rooftop deck. This presents a unique ability to avoid years of Coastal Commission timing, costs, and uncertainty, allowing a buyer to move directly into construction upon close of escrow and accelerate the path to completion. 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 site offers an exceptional backdrop for a private, architecturally significant residence. A rare opportunity also exists to acquire the adjacent properties at 408 and 410 Linnie Canal, both available for sale, creating the potential for a double or triple lot compound. If pursued, the assemblage unlocks meaningful scale, expanded outdoor living, and the ability to create a truly bespoke canal front estate, a rarity and true outlier within the Venice Canals. Recent sales of fully dialed new construction homes within the Venice Canals have ranged between approximately $1400 and $1700 per square foot, reinforcing the strong demand for modern canal properties and presenting a compelling opportunity for investor upside or end users seeking to build equity through a custom residence. With extremely limited inventory and a streamlined path to development, this property offers a rare chance to create a legacy property in one of Los Angeles' most coveted coastal neighborhoods.