ZONED R3! This is a great opportunity to own land located just a couple of blocks from the beach and a stones throw to the historic Venice Canals. The opportunities here are endless, the current bungalow can either be restored for quaint living, or renovated to the edge of your creativity. Build a brand new single family home with an ADU or 2 to 3 units for future income on your investment. This location can't be beat, head outside with your bike or surfboard and within moments you are at the beach and bike path or go around the corner to the paths and bridges that lead you through the wondrous Venice Canals. Just .5 mile East you can explore Venice's famed Abbot Kinney Blvd. shops and restaurants and Santa Monica's Main Street activity starts just 1 mile North. Come see it for yourself and start envisioning your dream. This property is a golden opportunity to add to the special architectural landscape of Venice. With its proximity to the ocean and Silicon Beach, Venice is a highly desirable place to build in Southern California.