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5506 Venice Blvd - Hard Corner Redevelopment Opportunity 0.21 Acres of Commercial Land Offered at $1,985,000 in Los Angeles, CA 90019
Investment Highlights
- Central to Culver City, West Adams, Mid-City, and Beverly Hills
- Located on busy signalized intersection with ±51,766 VP
- Located within an evolving corridor experiencing continued reinvestment
- Close proximity to the I-10 Freeway
- Surrounded by dense residential neighborhoods and neighborhood-serving retail
Executive Summary
The approximately ±8,973 square foot property offers flexibility for an owner-user, investor, or developer seeking to capitalize on strong underlying land value and premier corner positioning.
Property Facts
| Price | $1,985,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.21 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | C2-1VL-CPIO - Commercial | ||
| Price | $1,985,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.21 AC |
| Opportunity Zone |
Yes |
| Zoning | C2-1VL-CPIO - Commercial |
1 Lot Available
Lot
| Price | $1,985,000 | Lot Size | 0.21 AC |
| Price Per AC | $9,636,296.56 |
| Price | $1,985,000 |
| Price Per AC | $9,636,296.56 |
| Lot Size | 0.21 AC |
5506 Venice Boulevard presents an opportunity to acquire a highly visible signalized hard corner infill asset at Venice Blvd and Hauser Blvd, located along one of Los Angeles’ most active commercial corridors
Description
Repositioning Opportunity Property Highlights: - Prominent signalized hard corner location with excellent visibility and access - High-exposure frontage along Venice Blvd. - Dual-street access from Venice Blvd. and Hauser Blvd. - Flexible C2-1VL-CPIO zoning supporting a variety of commercial and residential uses - Land-driven value with low existing improvement coverage - Opportunity for repositioning, redevelopment, or adaptive reuse Location Highlights: - Central to Culver City, West Adams, Mid-City, and Beverly Hills - Close proximity to the I-10 Freeway - Located on busy signalized intersection with ±51,766 VPD - Surrounded by dense residential neighborhoods and neighborhood-serving retail - Located within an evolving corridor experiencing continued reinvestment
Property Taxes
| Parcel Number | 5064-009-035 | Improvements Assessment | $349,965 |
| Land Assessment | $1,399,865 | Total Assessment | $1,749,830 |
Property Taxes
Presented by
5506 Venice Blvd - Hard Corner Redevelopment Opportunity
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