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Venice 10955 Venice Blvd 5,373 SF Retail Building Los Angeles, CA 90034 $2,800,000 ($521.12/SF)
Investment Highlights
- Urban infill opportunity in densely populated Culver City sub-market, ideally positioned for an owner-user.
- Numerous national retail tenants within short distance which include Target Starbucks, Ralphs and many others
- Short-term and month-to-month leases in places giving the buyer the opportunity to reposition and/or redevelop the center.
Executive Summary
Price reduced. Kidder Mathews is pleased to present for sale a mixed-use property on the highly trafficked corridor of Venice Blvd in the Culver City submarket of West Los Angeles, California. The building is comprised of two apartment units above four retail spaces, spread across two buildings on approximately 6,273 square feet of land. The property is an ideal property for an owner-user looking to occupy a portion of the property for their business and collect rental income from remaining tenants.
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Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,373 SF
Building Class
C
Year Built
1949
Price
$2,800,000
Price Per SF
$521.12
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.82
Lot Size
0.15 AC
Zoning
LAC2 - Commercial
Parking
5 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
103’ on Greenfield
Amenities
- Bus Line
- Signage
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4252-014-016 | Improvements Assessment | $502,418 |
| Land Assessment | $1,193,248 | Total Assessment | $1,695,666 |
Property Taxes
Parcel Number
4252-014-016
Land Assessment
$1,193,248
Improvements Assessment
$502,418
Total Assessment
$1,695,666
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Venice | 10955 Venice Blvd
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