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Investment Highlights

  • Mixed-use property offering multiple NNN leases for stable income and low management oversight.
  • Exclusive rooftop terrace creates flexibility for entertainment, executive use, or additional revenue generation.
  • Convenient connectivity to I-405, Santa Monica Freeway, Downtown Culver City, and Los Angeles International Airport.
  • Corner-lot site on Venice Boulevard with significant frontage and daily vehicle exposure.
  • Walkable access to vibrant retail, dining, and lifestyle amenities in Mar Vista and surrounding neighborhoods.
  • Dense residential base with strong consumer spending within close proximity.

Executive Summary

Mixed use investment with stabilized retail income and a ±3,000 SF owner user penthouse opportunity. Exclusive ±2,000 SF private rooftop deck. 6.21% pro forma cap rate. 12926-12932 Venice Boulevard presents a rare investment opportunity in the Mar Vista submarket with a stabilized retail income stream and added value potential. The two-story mixed-use property encompasses nearly 8,000 square feet of rentable area on a 0.18-acre site zoned C2 for commercial use. Anchored by multiple tenants on long-term NNN leases with guaranteed obligations, the asset offers predictable revenue and minimal landlord responsibilities. Annual rental increases provide consistent income growth, complemented by personal guarantees that mitigate tenant risk.
Positioned along Venice Boulevard, the property benefits from high daily traffic counts and exceptional neighborhood demographics characterized by strong disposable income and dense residential population. Ownership is further enhanced by an exclusive ±2,000 SF rooftop deck situated above the commercial units, creating an opportunity for premier penthouse use or future creative office conversion that delivers skyline views. On-site parking for nine vehicles and convenient access to the nearby I-405 and Santa Monica Freeway reinforce its connectivity across the Westside and greater Los Angeles. Proximity to popular lifestyle amenities, boutique retail, and an emerging tech corridor makes this a secure, income-generating asset with long-term upside potential in a highly competitive market.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,968 SF
Building Class
B
Year Built
1954
Price
$5,225,000
Price Per SF
$655.75
Cap Rate
3.83%
NOI
$200,189
Percent Leased
62%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.18 AC
Zoning
[Q]C2-1 - General Commercial
Parking
9 Spaces (1.13 Spaces per 1,000 SF Leased)
Frontage
80’ on Venice Blvd.

Amenities

  • 24 Hour Access
  • Corner Lot
  • Roof Terrace

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Angel City Pizza
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Educational Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Enter Martial Art studies the full spectrum of martial arts. The curriculum at enter martial arts is designed to introduce students to the full range of martial arts, with 13 levels before black belt. This allows students to objectively measure and track their performance and look forward to attaining new goals. After black belt, students focus on specializing in certain areas and perfecting those techniques.

  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Re_Grocery began in 2019 as a Los Angeles-based solution to plastic waste in grocery shopping. The company operates multiple refill stations where customers can buy bulk organic foods and household products using their own containers. Their mission focuses on eliminating single-use plastics through affordable zero-waste alternatives. The stores carry hundreds of items like spices, grains, and cleaning supplies without packaging. Shoppers can purchase reusable containers or bring their own for filling. This model helps reduce environmental impact while maintaining convenience for eco-conscious consumers.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Angel City Pizza Retailer - $9.99 Lorem Ipsum Jan 0000
Educational Services - $9.99 Lorem Ipsum Jan 0000
Retailer - $9.99 Lorem Ipsum Jan 0000
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Chase Bank
Vons
Pavilions
Gelson's
Equinox
Baja Fresh
Ruth's Chris Steak House
Yard House
U.S. Bank

Property Taxes

Property Taxes

Parcel Number
4236-012-037
Land Assessment
$1,348,446
Improvements Assessment
$612,928
Total Assessment
$1,961,374
  • Listing ID: 40774357

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 12926 Venice Blvd, Los Angeles, CA 90066

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