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10853-10855 Venice Blvd 5,233 SF 100% Leased Retail Building Los Angeles, CA 90034 $3,500,000 ($668.83/SF)



EXECUTIVE SUMMARY
10853–10855 Venice Boulevard represents a rare dual-structure commercial asset strategically positioned in the heart of Los Angeles’ Westside corridor, bridging the dynamic markets of Palms, Culver City, and Mar Vista. Situated along one of the city’s most traveled commercial thoroughfares, this property offers exceptional visibility, accessibility, and adaptability , ideal for retail operators, creative users, or investors seeking flexible use potential with income-producing upside.
The property consists of two freestanding structures totaling approximately 5,233 square feet, thoughtfully positioned on a 7,200 square-foot C2-zoned parcel. The front building offers restaurant or retail functionality with direct Venice Boulevard frontage and heavy daily vehicle exposure, while the rear building serves as a flex/warehouse/office facility with roll-up access, high ceilings, and an adaptable layout suited for a variety of commercial or creative applications.
This configuration provides exceptional versatility. An owner-user can occupy one structure while benefiting from rental income on the other, or an investor can stabilize both buildings to achieve a diversified rent roll across multiple use categories. The C2 zoning further enhances the site’s long-term flexibility, supporting a range of permitted uses including retail, food service, light industrial, creative office, studio production, or showroom operations.
Located less than two miles from Downtown Culver City, Sony Pictures Studios, and the Metro E-Line (Expo), the property benefits from an expanding creative and entertainment workforce and growing neighborhood demographics. The surrounding corridor has become a hub for boutique retail, production studios, and small-scale developments catering to both established and emerging creative brands.
With Venice Boulevard undergoing steady revitalization and increasing tenant demand for adaptive commercial spaces, 10853–10855 Venice Blvd offers a blend of stable in-place income and significant repositioning potential. Its dual-structure layout, zoning flexibility, and location in one of Los Angeles’ most resilient submarkets position it as an ideal owner-user or investment opportunity in a high-barrier-to-entry market.
The property’s rear building is leased to a stable tenant generating $7,546.34 in monthly rental income, providing consistent cash flow and immediate in-place income for an investor.
Discover the vibrant surroundings of the Venice Blvd. area, a dynamic Los Angeles neighborhood coveted by investors and tenants alike. The location offers convenient access to major tech and entertainment hubs, making it an ideal prospect for office and office building investors. Just moments away, tech giants and entertainment conglomerates shape the landscape, attracting top-tier talent and driving economic growth. With a bustling array of trendy eateries, fashion boutiques, and artistic hotspots nearby, the area exudes a compelling energy that resonates with forward-thinking professionals. Embrace the boundless opportunities that await in this thriving district, where innovation meets urban allure.
The property consists of two freestanding structures totaling approximately 5,233 square feet, thoughtfully positioned on a 7,200 square-foot C2-zoned parcel. The front building offers restaurant or retail functionality with direct Venice Boulevard frontage and heavy daily vehicle exposure, while the rear building serves as a flex/warehouse/office facility with roll-up access, high ceilings, and an adaptable layout suited for a variety of commercial or creative applications.
This configuration provides exceptional versatility. An owner-user can occupy one structure while benefiting from rental income on the other, or an investor can stabilize both buildings to achieve a diversified rent roll across multiple use categories. The C2 zoning further enhances the site’s long-term flexibility, supporting a range of permitted uses including retail, food service, light industrial, creative office, studio production, or showroom operations.
Located less than two miles from Downtown Culver City, Sony Pictures Studios, and the Metro E-Line (Expo), the property benefits from an expanding creative and entertainment workforce and growing neighborhood demographics. The surrounding corridor has become a hub for boutique retail, production studios, and small-scale developments catering to both established and emerging creative brands.
With Venice Boulevard undergoing steady revitalization and increasing tenant demand for adaptive commercial spaces, 10853–10855 Venice Blvd offers a blend of stable in-place income and significant repositioning potential. Its dual-structure layout, zoning flexibility, and location in one of Los Angeles’ most resilient submarkets position it as an ideal owner-user or investment opportunity in a high-barrier-to-entry market.
The property’s rear building is leased to a stable tenant generating $7,546.34 in monthly rental income, providing consistent cash flow and immediate in-place income for an investor.
Discover the vibrant surroundings of the Venice Blvd. area, a dynamic Los Angeles neighborhood coveted by investors and tenants alike. The location offers convenient access to major tech and entertainment hubs, making it an ideal prospect for office and office building investors. Just moments away, tech giants and entertainment conglomerates shape the landscape, attracting top-tier talent and driving economic growth. With a bustling array of trendy eateries, fashion boutiques, and artistic hotspots nearby, the area exudes a compelling energy that resonates with forward-thinking professionals. Embrace the boundless opportunities that await in this thriving district, where innovation meets urban allure.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,233 SF
Building Class
C
Year Built
1985
Price
$3,500,000
Price Per SF
$668.83
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.75
Lot Size
0.16 AC
Zoning
LAC2 - Commercial District
Parking
6 Spaces (1.15 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4252-026-017 | Improvements Assessment | $501,981 |
| Land Assessment | $2,900,347 | Total Assessment | $3,402,328 |
PROPERTY TAXES
Parcel Number
4252-026-017
Land Assessment
$2,900,347
Improvements Assessment
$501,981
Total Assessment
$3,402,328
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