12926 Venice Blvd
- For Sale – $5,225,000 ($655/SF)
- Los Angeles , CA 90066
- Owner-User / Investment | 7,968 SF
Description
WESTMAC Commercial Brokerage Company is pleased to present the opportunity to purchase 12926 Venice Boulevard, a well positioned mixed use retail and live/work or creative office investment located in the highly desirable Venice submarket of Los Angeles. The property consists of approximately 7,968 square feet situated on approximately 7,998 square feet of land and features three ground floor retail suites along with an approximately 3,000 square foot fully renovated second floor penthouse opportunity ideal for an owner user, live/work occupancy, or creative office use.
Details
- Offer For Sale
- Property Type Owner-User / Investment
- Building Size 7,968 SF
- Land Size 7,998 SF
- Year Built 1954
- OWNER-USER NOI: $200,189
- INVESTOR (NON OWNER USER) NOI: $324,389
- OWNER USER CAP RATE: 3.83%
- INVESTOR (NON OWNER USER) PRO FORMA CAP RATE: 6.21%
Highlights
- Stabilized mixed use retail investment with in place income
- Live and work upstairs for free while downstairs tenants cover the cost
- Ideal for owner user, live/work, or creative office occupancy
- Exclusive ±2,000 SF private rooftop deck for penthouse use only
- Approximately 5,000 SF of total indoor/outdoor penthouse space
Downloads
Address
12926 Venice Boulevard
Los Angeles , CA 90066
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