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32450665
32450572

10872 Venice Boulevard, Culver City, CA 90232

SL
CA 01516710
Coldwell Banker Commercial Los Angeles
ES
CA 01057377
Coldwell Banker Commercial Los Angeles
Coldwell Banker Commercial Los Angeles
Listed by Coldwell Banker Commercial Los Angeles
$1,300,000
28 days on market
Updated 27 days ago

10872 VENICE BLVD CULVER CITY - MIXED USE: Retail + Duplex

Details
APN 4208-020-047
Property Type Retail, Multifamily (+1)
Sub Type Apartment Building, Storefront
Square Footage 1,898
Units 3
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $685
Year Built 1946
Buildings 2
Stories 2
Lot Size (SqFt) 3,098
Zoning CCC2YY
Parking Spaces 6 spaces
Parking Per SqFt 3.16
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

Culver City Mixed-Use | Retail + Duplex

Marketing description

A mixed-use investment property ideally positioned on the high-visibility Venice Boulevard corridor in the heart of Culver City. This two-building asset delivers a compelling blend of commercial and residential income . Street-front retail flower shop anchors the front building, while a private duplex in the rear provides steady residential cash flow, together creating a well-rounded income stream that is ideal for the self-managing investor.

The front building commands excellent visibility directly on Venice Boulevard, one of the West Side's most heavily traveled arterials. Currently operating as an established flower shop, the retail storefront benefits from strong daily foot and vehicle traffic, providing consistent commercial income. Behind it, the rear duplex offers two residential unit, a one-bedroom and a two-bedroom, set in a quiet, private environment, separated from the bustle of the street front and well-suited for long-term tenants.

All three units are currently occupied and generating $7,400 per month in gross income, providing an incoming owner with immediate, stable returns from day one. Notably, the commercial tenant is currently on a month-to-month arrangement, presenting an early opportunity for a new owner to negotiate a fresh long-term lease, adding further stability and value to an already well-performing asset. Do not disturb Tenants – Inside with accepted offers only.

Investment highlights

  • Prime Culver City Location — High-visibility Venice Boulevard corridor with strong daily foot and vehicle traffic
  • Two-Building Configuration — Street-front retail building plus a private rear duplex, offering natural separation of commercial and residential uses
  • Three Units, Fully Occupied — Zero vacancy with stable, in-place tenants across all three units
  • Diversified Income Stream — Mixed commercial and residential rents reduce single-tenant risk
  • $7,400/Month Gross Income — $88,800 annually
  • Value-Add Upside — Commercial tenant is month-to-month, presenting an immediate opportunity to negotiate a new long-term lease at market rent
  • Self-Management Friendly — Straightforward three-unit configuration with landlord-paid utilities, ideal for an owner-operator

Listing Contacts

SL
CA 01516710
Coldwell Banker Commercial Los Angeles
ES
CA 01057377
Coldwell Banker Commercial Los Angeles
Coldwell Banker Commercial Los Angeles
Listed by Coldwell Banker Commercial Los Angeles

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Additional Information

Name
Susan Lau
License
01516710
Brokerage
Coldwell Banker Commercial Realty
Brokerage Phone
310-979-3960
Title
Broker Associate
Brokerage Address
11611 San Vicente Boulevard
Name
Eric Sackler
License
01057377
Brokerage
Coldwell Banker Commercial Realty
Title
Director
Brokerage Address
11661 San Vicente Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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