Prime Opportunity and First time on the market in 50 years. The highly valuable LAR2 zoning is perfect for owner/user or developer potential. This two story 1912 classic Californian Craftsman home is nestled in the heart of Venice Beach in a highly sought-after neighborhood ready to develop or remodel your dream home. Bring your vision, architect, and contractor to this one-of-a-kind property that is steps to all the best that Venice has to offer. A short walk to Abbot Kinney all the wonderful shops, restaurants, trendy downtown, a bike ride to the Venice canals, Boardwalk and the beach. The back alley entrance secures parking for several vehicles. Existing home is 100% habitable in current condition. Situated on a 4,187 sq.ft lot, the 2,148 sq.ft home features a nice front patio to relax on those breezy days you want to be outside. The home has an open living space with wood burning fireplace and built-in bookshelves to showcase your favorite books. Large Dining space can accommodate table seating for 12 or more. The kitchen has pantry space and laundry room is adjacent to the kitchen. There are a total of 3 bedrooms and one bath with claw tub and pedastal sink downstairs. Towards the rear of the house is a secondary living room and the third bedroom. Remaining two bedrooms are upstairs along with a full bath. Private maintenance free backyard for entertaining with rear gate which opens to the alley. Woodlawn is an extra wide street with lots parking. Virtual Staging provided showing potential.