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10872-10874 Venice Blvd 1,898 SF 100% Leased Retail Building Los Angeles, CA 90034 $1,300,000 ($684.93/SF)


Investment Highlights
- Prime Culver City Location — High-visibility Venice Boulevard corridor with strong daily foot and vehicle traffic
- Three Units, Fully Occupied — Zero vacancy with stable, in-place tenants across all three units
- Value-Add Upside — Commercial tenant is month-to-month, presenting an immediate opportunity to negotiate a new long-term lease at market rent
- Two-Building Configuration — Street-front retail building plus a private rear duplex, offering natural separation of commercial and residential uses
- Diversified Income Stream — Mixed commercial and residential rents reduce single-tenant risk
- Self-Management Friendly — Straightforward three-unit configuration with landlord-paid utilities, ideal for an owner-operator
Executive Summary
A mixed-use investment property ideally positioned on the high-visibility Venice Boulevard corridor in the heart of Culver City. This two-building asset delivers a compelling blend of commercial and residential income . Street-front retail flower shop anchors the front building, while a private duplex in the rear provides steady residential cash flow, together creating a well-rounded income stream that is ideal for the self-managing investor.
The front building commands excellent visibility directly on Venice Boulevard, one of the West Side's most heavily traveled arterials. Currently operating as an established flower shop, the retail storefront benefits from strong daily foot and vehicle traffic, providing consistent commercial income. Behind it, the rear duplex offers two residential unit, a one-bedroom and a two-bedroom, set in a quiet, private environment, separated from the bustle of the street front and well-suited for long-term tenants.
All three units are currently occupied and generating $7,400 per month in gross income, providing an incoming owner with immediate, stable returns from day one. Notably, the commercial tenant is currently on a month-to-month arrangement, presenting an early opportunity for a new owner to negotiate a fresh long-term lease, adding further stability and value to an already well-performing asset. Do not disturb Tenants – Inside with accepted offers only.
The front building commands excellent visibility directly on Venice Boulevard, one of the West Side's most heavily traveled arterials. Currently operating as an established flower shop, the retail storefront benefits from strong daily foot and vehicle traffic, providing consistent commercial income. Behind it, the rear duplex offers two residential unit, a one-bedroom and a two-bedroom, set in a quiet, private environment, separated from the bustle of the street front and well-suited for long-term tenants.
All three units are currently occupied and generating $7,400 per month in gross income, providing an incoming owner with immediate, stable returns from day one. Notably, the commercial tenant is currently on a month-to-month arrangement, presenting an early opportunity for a new owner to negotiate a fresh long-term lease, adding further stability and value to an already well-performing asset. Do not disturb Tenants – Inside with accepted offers only.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,898 SF
Building Class
C
Year Built
1946
Price
$1,300,000
Price Per SF
$684.93
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.07 AC
Zoning
CCC2YY - CCC2YY - C2 COMMERCIAL
Parking
6 Spaces (3.16 Spaces per 1,000 SF Leased)
Frontage
33’ on Venice
Amenities
- Signalized Intersection
Moderately walkable
60/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4208-020-047 | Improvements Assessment | $111,922 |
| Land Assessment | $159,894 | Total Assessment | $271,816 |
Property Taxes
Parcel Number
4208-020-047
Land Assessment
$159,894
Improvements Assessment
$111,922
Total Assessment
$271,816
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10872-10874 Venice Blvd
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