Listed by Muselli Commercial Realtors
Unpriced
10401 – 10419 Venice Boulevard
Details
Property Type Multifamily, Office
Sub Type Apartment Building, Creative Office
Square Footage 26,246
Cap Rate 4.75%
Price per SqFt $354
Year Built 1987/1988
Stories 3
Lot Size (SqFt) 23,880
Zoning Zoning is Los Angeles City MU(EC) - Mixed Use (Exposition Corridor)
Parking Spaces 73 spaces
Parking per 1,000 SqFt 2.78
Investment Type Owner/User
Retail | 25,346 SF
Marketing description
25,346 SF 2-story retail and office building built in 1987/88. Buyer to verify. 150’ of linear frontage on Venice Boulevard. 159’ on Motor Avenue. 9 Retail spaces on the ground floor totaling 10,346 SF. Buyer to verify. Numerous windows, natural light, and private patios. Elevator from the garage and ground floor to the 2nd floor.
The lot size is approximately 23,880 SF. The Buyer is to verify.
Alleys in the rear and west side of the building.
Investment highlights
- Perfect for owner-user creative office or medical uses.
- The entire 2nd floor of approximately 15,000 SF is available.
- Convert second-floor offices to apartments.
- The building is engineered to add a 3rd floor for additional apartments.
- 23,880 SF corner lot that allows for a mixed-use retail and residential
- Zoning is Los Angeles City MU(EC) - Mixed Use (Exposition Corridor).
- Office: Up to 15,000 SF of available space on the 2nd floor.
- Retail: 9 street-level retail spaces. 100% leased.
- Parking: 28 ground-level retail parking spaces. 45 office parking spaces in an underground garage. Buyer to verify.
- The ground floor is 100% leased.
- The 2nd floor is partially leased, but the entire 15,000 SF is available.
- Features include numerous glass panels, natural light, and private patios.
- Elevator from the garage and ground floor to the 2nd floor
Listing Contacts
Listed by Muselli Commercial Realtors
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