Log In/Sign Up
Your email has been sent.
540-542 Rose Ave 7,000 SF 100% Leased 4-Star Retail Building Venice, CA 90291 $14,000,000 ($2,000/SF)
Investment Highlights
- Two-level mixed-use building incorporating high-profile retail and residential penthouse units.
- Corner location along Rose Avenue in close proximity to Abbot Kinney and Venice Beach.
- Private residential units featuring expansive outdoor terraces and premium finishes.
- 100% leased, delivering reliable income with structured extension options.
- Surrounded by Venice’s most visited dining and retail establishments, sustaining strong foot traffic.
- On-site parking for approximately 20 vehicles in a densely developed urban setting.
Executive Summary
This fully leased, mixed-use property at 540–542 Rose Avenue presents a rare investment opportunity in the heart of Venice, California. Positioned on one of the city’s most recognizable streets, the asset combines the stability of retail tenancy with premium residential units, ensuring dependable cash flow and long-term growth potential. The ground-floor retail spaces are occupied by prominent tenants such as Parachute and Dayglow, complemented by residential penthouse units above, offering strong occupancy in a market characterized by high barriers to entry.
Located at a signalized corner along Rose Avenue, the property enjoys steady pedestrian traffic and immediate proximity to Abbot Kinney Boulevard, Main Street, and Venice Beach. Surrounding retailers and dining destinations, including Gjusta, American Beauty, and Wabi on Rose, reinforce the property’s position within a thriving lifestyle and entertainment corridor. With easy access to major thoroughfares and a competitive parking ratio, this asset combines location strength with revenue stability, making it an attractive acquisition for investors seeking well-located urban real estate with enduring upside potential.
Located at a signalized corner along Rose Avenue, the property enjoys steady pedestrian traffic and immediate proximity to Abbot Kinney Boulevard, Main Street, and Venice Beach. Surrounding retailers and dining destinations, including Gjusta, American Beauty, and Wabi on Rose, reinforce the property’s position within a thriving lifestyle and entertainment corridor. With easy access to major thoroughfares and a competitive parking ratio, this asset combines location strength with revenue stability, making it an attractive acquisition for investors seeking well-located urban real estate with enduring upside potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2016
Price
$14,000,000
Price Per SF
$2,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.16 AC
Zoning
LAC4
Parking
18 Spaces (2.57 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4240-010-046 | Improvements Assessment | $1,931,671 |
| Land Assessment | $2,955,424 | Total Assessment | $4,887,095 |
Property Taxes
Parcel Number
4240-010-046
Land Assessment
$2,955,424
Improvements Assessment
$1,931,671
Total Assessment
$4,887,095
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
