Extremely rare opportunity to build fully RTI home designed by one of Venice's most in-demand architectural firms, Tom Carson (AIA) + Carson Architects. Situated on one of the most desirable streets and locations, close to the best dining and shopping along Abbot Kinney. This special offering comes with fully entitled RTI plans designed to truly maximize the potential of this extraordinary lot. The stamped plans available call for an architectural residence with 3,300 sq ft of living space. The versatile and flexible floor plan also allows for a seamless indoor/outdoor lifestyle with a sought-after Venice address. Currently, there is a chic beach bungalow style residence on the property with a guest suite and separate garage with tenant on month-to-month on a market rent. The rigorous process of planning and approval through the Coastal Commission has already been handled by the Sellers to clear the way to start NOW.