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32051396
32051392

10939 Venice Blvd., Los Angeles, CA 90034

SB
CA 01861842
Partners CRE
Listed by Partners CRE
$1,765,000
63 days on market
Updated 1 day ago

10939 Venice Blvd.

Details
Property Type Retail
Sub Type Bar
Square Footage 2,202
Cap Rate 4.60%
NOI $108,051
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 03/31/2029
Remaining Term 8
Rent Bumps Yes
Price per SqFt $981
Year Built 1955
Stories 2
Acreage 0.100
Zoning C2
Parking Spaces 6 spaces
Parking Per SqFt 2.72
Investment Type Net Lease
Ground Lease No

Bar | 4.89% CAP | 2,202 SqFt

Marketing description

10939 Venice Boulevard is a prominent two-story commercial asset located in the heart of the vibrant Culver City/Palms submarket.

Comprising approximately 2,202 rentable square feet, the building features a world-famous ground-floor bar with dedicated office space above. The property is currently offered at a 4.6% CAP rate, supported by a stable, long-term tenant on a below-market lease that provides significant future upside.

This offering represents a rare opportunity to acquire a landmark building in one of the fastest-growing areas of West Los Angeles. As the home of Bigfoot West, the property benefits from a loyal local following and consistent foot traffic. The building's unique "cabin" architecture provides exceptional street visibility, and the structure has been meticulously maintained, ensuring it remains a standout fixture in the neighborhood.

Strategically positioned near major transit hubs and the expanding tech campuses of Culver City, the property is an ideal long-term investment. Its location in a high-demand corridor with limited inventory ensures steady appreciation as it continues to attract both residents and tourists. Additionally, the bar operator may be open to a sale of the business, offering a potential buyer the flexibility of a turnkey hospitality acquisition alongside the real estate.

Investment highlights

  • World Famous Bigfoot West
  • Long term tenant with 8 years left
  • Bigfoot West may consider an offer on the business

Listing Contacts

SB
CA 01861842
Partners CRE
Listed by Partners CRE

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$108,051.00
$9,004.25/mo

Valuation Metrics

0
DSCR
6.12%
Cap Rate
6.12%
ROI

Map

Zoning

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C2-1 CommercialGeneral CommercialCommercial
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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