© 2018 by EMB Properties

  • LinkedIn - White Circle

Sold Listing Case Study

2489-2499 Lincoln Blvd.

Venice, CA

40K SF Development Site in the Heart of Venice

1/4

Key Deal Points

  • Sold for $11,000,000

  • 40,455 Square foot lot zoned LAC2 and LAR2

  • Sold for $271 per square foot of land

  • Helped our client win out over multiple bids

The Approach

Our team was alerted to the property when it was listed on the open market because it matched many of the criteria one of our clients was looking for. We immediately engaged our client and the seller's agent to make sure we were on their radar and aware our client was the right buyer for the property.

The Challenge

The property was being marketed to select groups and investors, including our client. After a competitive bid process, We fought hard for our client and convinced the bank they were the right buyer for the property.

The Solution

Thanks to our hard work and relentess efforts, our client's bid was accepted and our client won the bidding war.