About the Project

A Fully Entitled Mixed-Use Opportunity on the Venice Beach Boardwalk

723 Ocean Front Walk offers the opportunity to acquire a California Coastal Commission-approved development program, subject to applicable permit conditions, directly along the Venice Beach Boardwalk.

Located at the northwest corner of Ocean Front Walk and Park Avenue, the approximately 8,165-square-foot parcel combines direct beachfront exposure with an approved approximately 12,983-square-foot, three-story mixed-use development program comprising 16 residential units and approximately 1,363 square feet of ground-floor commercial space.

The property benefits from its position within one of Los Angeles' most recognizable coastal destinations, with convenient access to Abbot Kinney Boulevard, Main Street, Santa Monica, and Marina del Rey.

Highlights

• Irreplaceable Coastal Location
• Prime ±8,165 SF (±0.19 AC) corner site with direct frontage along the Venice Beach Boardwalk.
  
  
• Approved Mixed-Use Development Program
• Approximately 12,983 SF, three-story mixed-use development with 16 residential units and approximately 1,363 SF of ground-floor retail/take-out restaurant space.
  
  
• Defined Residential + Commercial Mix
• 16 proposed residential units, including 3 Very Low-Income units, together with street-level commercial space, a ±1,488 SF roof deck, 9 vehicle parking spaces, and 26 bicycle spaces.
  
  
• Advanced Coastal Entitlement
• City Planning approval was obtained in December 2023, followed by a California Coastal Commission-approved development program in 2025, subject to applicable permit conditions.
  
  
• High Visitor Exposure
• Direct Ocean Front Walk frontage in an area reported by Los Angeles Recreation and Parks to receive approximately 28,000–30,000 daily visitors, with City budget reporting estimating approximately 12.0 million annual visitors in FY 2025–26.
  
  
• Proximity to Venice Lifestyle Amenities
• Approximately three blocks from Abbot Kinney Boulevard, with access to Main Street, the Venice Canals, Santa Monica, and Marina del Rey.
  

Proposed Development

Approved Development Program

The opportunity extends beyond the underlying beachfront land. Significant planning and coastal entitlement work has already established a defined residential and commercial program within one of Southern California's most constrained development environments.

The approved program comprises an approximately 12,983 SF three-story mixed-use development on an approximately 8,165 SF site, with 16 residential units, ±1,363 SF of ground-floor commercial space, a ±1,488 SF roof deck, nine vehicle parking spaces, and 26 bicycle spaces.



Entitlement Milestones

• December 2023
• City Planning Approval
  
  
• August 2025
• California Coastal Commission Approval
  

Direct Venice Beach Boardwalk Frontage

723 Ocean Front Walk occupies a prominent position directly along Venice Beach and the Venice Beach Boardwalk, providing immediate visibility and access to one of Los Angeles' most recognizable coastal destinations.



The property is approximately three blocks from Abbot Kinney Boulevard and is positioned between Santa Monica to the north and Marina del Rey to the south, connecting the site with Venice's broader residential, retail, dining, hospitality, and recreation environment.

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