12328 Venice Blvd
Los Angeles, CA 90066
Retail Property For Sale

The property is occupied by two tenants. The owner runs Ink On Paper, a printing business, out of the back portion of the building occupying about 1,250 square feet. The owner is interested in downsizing his printing business and doing a short six month sale-lease-back. He would potentially move if it was the right scenario. The front tenant, Hemvist Energy, Inc occupies 850 square feet on the first and second story. The second tenant uses this space as his office. Per title, the building has 1,691 square feet however the owner renovated and added an additional 400 square feet in 2009. The building has 1.5 bathrooms, one of which has a full shower. There is ample storage space with an additional shed behind the building and the property is well parked with seven parking spaces. The property generates a significant amount of income from a Clear Channel Outdoor Lease Agreement for the billboard on the property. This lease increases annually. Property sold "as-is". Marcus and Millichap is proud to present 12328 Venice Boulevard in the up-and-coming community of Mar Vista on the west side of Los Angeles. The property is located on Venice Blvd in between Centinela and Grand View, a block that has seen tremendous growth in the last couple of years. There is lot of activity on this block including the farmers market which is held weekly, half a block from this gem.