Presenting an exceptional development opportunity in the highly sought-after Milwood neighborhood of Venice, CA. This property offers RTI (Ready-to-Issue) approval for a meticulously designed new construction single-family residence, featuring a spacious 2-story layout encompassing approx. 3,113 square feet of luxurious living space. The approved plans include 4 bedrooms and 3 bathrooms, an attached approx. 394-square-foot 2 car garage for convenient parking and storage, and an approx. 825-square-foot roof deck that provides an ideal setting for outdoor entertainment and relaxation with scenic views. Currently, the site hosts a charming 1920 Craftsman home with a generous back deck and large fenced yard that is perfect for hosting gatherings. This property offers the flexibility to either remodel and enhance the existing Craftsman or move forward with the RTI-approved plans for a contemporary residence. With the added benefit of Coastal Commission assessment approval, the project is fully permitted and ready for immediate construction. Situated just a short stroll from the vibrant Abbot Kinney Blvd, this location places you within reach of premier dining, shopping, and entertainment. This property presents a rare opportunity to build or reimagine a custom home in a highly desirable area, blending Venice's historic charm with modern luxury.