The term rare development opportunity is thrown around often, but as one of only 4 contiguous triple lot properties on the famed Venice Canals, 404 Linnie Canal is the real deal. Consisting of parcels 404, 408, and 410, this special property totals over 8,500 square feet of Canal-frontage potential and… Read More represents the last undeveloped contiguous lots on Linnie Canal. Situated in one of the best locations in the vibrant community of the Canals because of its quiet setting with a view of Linnie Canal Park and mature landscaping, the property affords the flexibility to create a dream compound in a number of different ways. The 404 Linnie Canal parcel has been issued LA City Coastal Commission permits for 3,551 livable square foot home with a total of 4,737 total floor square feet including decks and garages, designed by noted Canal architect Austin Peters. Next door at the 408 parcel, a 436 square foot bungalow style studio, which is listed on Survey LA, has been extensively rebuilt to today's modern standard. Complete with a custom kitchen, Italian floor tiles, hidden laundry, sliding doors that create a seamless indoor/outdoor flow, and a grandfathered-in 8 foot setback from the property line, this structure is an ideal guesthouse or pool house to adjoin your dream home next door. Whether you maximize the location of the bungalow to create a spacious yard, add a pool, or tastefully add on to the existing structure to maximize square footage, this parcel is primed to help create a spacious and peaceful setting at your future compound. The final parcel, 410 Linnie, is a blank canvas ideally positioned for development. With the low profile of the cottage at 408 Linnie, your view to the Dell bridge and Linnie Canal Park will be preserved, while mature Podocarpus hedges provide privacy from the neighbor to the East. This unique offering features a turnkey retreat, a development-ready lot, and an open canvas for your vision, all in the heart of the canals. A true oasis in the city, this one-of-a-kind opportunity is not to be missed. Read Less
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