12820 Venice Boulevard

  • For Sale $1,650,000
  • Los Angeles, CA 90066
  • Retail | 1,974 SF
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Description

Coldwell  Banker  Commercial  WESTMAC,  as  exclusive  agents,  is  pleased  to  present  the opportunity  to  acquire  12820  Venice  Boulevard  (“The  Property”),  a  commercial  retail  building situated  in  an  excellent  location  along  the  south  side  of  Venice  Boulevard  near  the  southwest corner  of  Beethoven  Street.  The  Property  consists  of  a  single-story  ± 1,974-square  foot  building  located  on  ±    4,721-square  feet  of  land. The  spacious  open-air  parking  lot  is  situated  behind  the  building  to  accommodate  approximately eight  (8)  cars.  Two  short-term  retail  tenants  occupy  the  building  surrounded  by  various  retailers  and restaurants.  The  location  is  accessible  to  plenty  of  street  parking  and  public  transportation.

The  Property  offers  excellent  visibility  along  Venice  Boulevard,  a  major  thoroughfare  connects  the  405  Freeway  from  Mar  Vista  to  Venice  Beach. 12820  Venice  Boulevard  is  a  unique  opportunity  for  an  investor or  owner-user  looking  for  prime  commercial  real  estate  in  a  great  location  with  very  limited  supply.

 

Details

  • Offer For Sale
  • Property Type Retail
  • Building Size 1,974 SF
  • Land Size 4,721 SF
  • Year Built 1951

Highlights

  • First time on the market for sale
  • Two (2) unit retail building with 32 feet of frontage along Venice Boulevard
  • Current tenant leases expiring end of June 2018 & December 2018 (existing income: $3,200 per month, modified gross)
  • Parking for up to eight (8) cars behind building off alley
  • Centrally located between Lincoln Blvd and Centinela Ave; blocks from downtown Mar Vista restaurants and shopping
  • Many nearby amenities within walking distance
  • Close to the 10 and 405 FWYS, Venice Beach, Marina Del Rey, Playa Vista, and Culver City

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Address

12820 Venice Blvd,
Los Angeles, CA 90066
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