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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29648315
29485689

915 Venice Blvd., Los Angeles, CA 90015

MM
CA CA 01369084
Method Commercial
Listed by Method Commercial
$2,489,760
364 days on market
Updated 20 days ago
Opportunity zone

Incredible Industrial Showroom or Last-Mile Distribution

Details
APN 5135030012
Property Type Retail, Industrial
Sub Type Distribution, Flex (+1)
Square Footage 6,240
Tenancy Vacant
Broker Co-Op Yes
Class A
Year Built 1921
Year Renovated 2023
Stories 1
Lot Size (SqFt) 7,307
Zoning M1
Investment Type Owner/User
Occupancy Date 01/01/2026

Best Priced, Opportunity Zone, Industrial or Retail Showroom, Fully Renovated!

Marketing description

Perfect for last-mile distribution, including a micro-fulfillment center with on-grade loading; extensive exterior and interior security systems (mag locks, cameras, key-card access, alarm system, and robust exterior lighting); and 3,200 square feet of temperature-controlled, clear-span space adjacent to the loading door, with power distributed for smart rack systems designed to maximize efficiency, speed, and storage density. The property also includes an additional 3,000 square feet programmed for packing and dispatch, supplemental storage, office space, a vault, four ADA-compliant restrooms, a staff locker room, and a staff kitchen.

The building also functions as an exceptional industrial or retail showroom, featuring stunning interior lighting, polished concrete floors, a secure lobby, and street-facing display wall and signage to support branding.

This property further provides an owner-user or value-add investor the ability to leverage its Opportunity Zone location to reduce or eliminate capital gains taxes (consult a CPA), improve cash flow through application of newly reinstated 100% bonus depreciation to qualifying components of the property, and reduce operating costs through its LEED Silver–certified design.

Investment highlights

Micro-fulfillment center, industrial showroom, light-distribution, fully temperature-controlled

Current CofO is for retail

$230,000,000 spent on groceries, apparel, pets, prescriptions, and other small goods within 1 mile!

$1,350,000 invested in capital improvements

Located at the intersection of the 10 and 110 freeways, with quick access to 310,000 people within two miles

Tax benefits of the DTLA Opportunity Zone

Value-added benefits of LEED certification

Los Angeles 2028 Olympic hub is within 1,000 feet

Preferential seller financing potential

Strong 100% bonus depreciation components

Other uses include events, veterinary, gyms, boxing, all makers (ceramics, roasters, etc.), retail, physical therapy, and more.

Listing Contacts

MM
CA CA 01369084
Method Commercial
Listed by Method Commercial

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Additional Information

Name
Martin McDermott
License
CA 01369084
Brokerage
Method Commercial
Title
Managing Director and Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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