Service. In May 2019, according to the Hollywood Reporter, Silver sold the building for 22.5 million to U.K. investor Alex Dellal and his real estate group founded by Jack Dellal. Status of the planned renovation remains subject to further approvals. The mural's whereabouts are unknown, putting the lessee in violation of the lease agreement's public access requirement. Residences and streets Many of Venice's houses have their principal entries from pedestrian-only streets and have house numbers on these footpaths. (Automobile access is by alleys in the rear.) The inland walk streets are made up primarily of around 620 single-family homes. Like much of the rest of Los Angeles, however, Venice is known for traffic congestion. It lies away from the nearest freeway, and its unusually dense network of narrow streets was not planned for modern traffic. Venice Beach Venice Beach, which receives millions of visitors a year, has been labeled as "a cultural hub known for its eccentricities" as well as a "global tourist destination". It includes the promenade that runs parallel to the beach, the Venice Beach Boardwalk, Muscle Beach, and the Venice Beach Recreation Center with handball courts, paddle tennis courts, a skate dancing plaza, and numerous beach volleyball courts. It also includes a bike trail and many businesses on Ocean Front Walk. The basketball courts in Venice are renowned across the country for their high level of streetball; numerous professional basketball players developed their games or have been recruited on these courts. Venice Beach will host skateboarding and 3x3 basketball during the 2028 Summer Olympics. Along the southern portion of the beach, at the end of Washington Boulevard, is the Venice Fishing Pier. A concrete structure, it first opened in 1964, was closed in 1983 due to El Niño storm damage, and re-opened in the mid-1990s. On December 21, 2005, the pier again suffered damage when waves from a large northern swell caused part of it to fall into the ocean. The pier remained closed until May 25, 2006, when it was re-opened after an engineering study concluded that it was structurally sound.The Venice Breakwater is an acclaimed local surf spot in Venice. It is located north of the Venice Pier and lifeguard headquarters and south of the Santa Monica Pier. This spot is sheltered on the north by an artificial barrier, the breakwater, consisting of an extending sand bar, piping, and large rocks at its end. In