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8953 Venice Blvd 7,102 SF Retail Building Los Angeles, CA 90034 $4,995,000 ($703.32/SF)
INVESTMENT HIGHLIGHTS
- Tremendous visibility from Venice Blvd., Robertson Blvd, and Exposition Blvd.
- Located directly off the 10 freeway/Robertson Blvd. entrance/exit
- ±59,117 CPD at the intersection of Venice Blvd. and Robertson Blvd.
- Across the street from newly completed Warner Discovery Offices, Ivy Station, and new Apple campus (under development)
- Adjacent to Culver City Expo Line Station
- Average HHI of ±$165,947 within one mile
EXECUTIVE SUMMARY
Highly visible trophy asset for sale located on Venice Boulevard. Premier corner location on a highly trafficked area.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,102 SF
Building Class
C
Year Built
1946
Price
$4,995,000
Price Per SF
$703.32
Tenancy
Single
Building Height
1 Story
Building FAR
0.68
Lot Size
0.24 AC
Zoning
M1
Parking
5 Spaces (0.7 Spaces per 1,000 SF Leased)
Frontage
51’ on Venice
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
PROPERTY TAXES
| Parcel Number | 4312-012-011 | Improvements Assessment | $530,604 |
| Land Assessment | $4,350,952 | Total Assessment | $4,881,556 |
PROPERTY TAXES
Parcel Number
4312-012-011
Land Assessment
$4,350,952
Improvements Assessment
$530,604
Total Assessment
$4,881,556
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8953 Venice Blvd
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