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34366703
34366704

5766 VENICE BLVD, LOS ANGELES, CA 90019-5016 For Sale

ES
CA 02024364
Capital Bridge Real Estate Advisors - KW Commercial
Listed by Capital Bridge Real Estate Advisors - KW Commercial
$1,595,000
5 days on market
Updated 2 days ago

5766 Venice Boulevard | Mixed-Use Retail/Residential

Details
APN 5064-021-008
Property Type Retail, Mixed Use
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 3,400
Units 3
Cap Rate 3.97%
Occupancy 100%
Tenancy Multi
Lease Type Gross
Class C
Year Built 1956
Buildings 2
Stories 1
Lot Size (SqFt) 3,791
Zoning LAC2
Investment Type Value Add
Ground Lease No

Mixed-Use Retail/Residential | House Vacant

Marketing description

The Property:

5766 Venice Boulevard, Los Angeles, CA 90019, is a mixed-use property consisting of approximately ±3,400 SF of building on a ±3,796 SF lot. The asset comprises three units: two retail storefronts and a detached 2-bedroom, 1-bathroom house at the rear with a single-car garage. One of the two retail tenants lease expires in December of 2026, while the rear house sits vacant and ready for occupancy. The single-car garage presents an additional opportunity for an ADU conversion.

Positioned on a corner lot with access from both directions along Venice Boulevard—a key advantage for retail operators—the property enjoys strong visibility and exposure with a traffic count of ±49,600. All in all, this is an exceptional opportunity for an investor or an owner/user looking to occupy the rear house while generating rental income from the retail units.

*Per title, the building square footage is 2,490 SF.

Location:

5766 Venice Boulevard, Los Angeles, CA 90019, is strategically located in the heart of Mid-City, one of Los Angeles's most central and well-connected submarkets, offering tenants quick access to Culver City, Beverly Hills, Downtown LA, and the Westside via the nearby I-10 Freeway. The Venice Boulevard corridor draws steady daytime traffic and a healthy mix of national and local tenants, anchored by retailers such as the Living Spaces showroom just down the street and the nearby Midtown Shopping Center, reinforcing it as an established, high-visibility retail thoroughfare.

The surrounding Mid-City area carries a median household income of roughly $89,000, with a dense, infill character that supports consistent rental demand. Sitting at the intersection of established residential pockets and a busy commercial corridor, the property benefits from both a strong local consumer base and meaningful drive-by exposure. All in all, an investor is acquiring a well-positioned asset in a centrally located and steadily appreciating Los Angeles submarket.

Investment highlights

  • Rare Mid-City Investment Opportunity | Perfect for Investor or Owner/User
  • Mixed-Use Property Consisting of Three (3) Units
  • Two (2) Retail Storefronts + 2bd+1bth House w/ Single Car Garage
  • Potential for ADU Conversion
  • Back House Vacant | Immediate Potential Upside for New Owner

Listing Contacts

ES
CA 02024364
Capital Bridge Real Estate Advisors - KW Commercial
Listed by Capital Bridge Real Estate Advisors - KW Commercial

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Additional Information

Name
Elijah Suval
License
02024364
Brokerage
KW Commercial Santa Monica
Brokerage Phone
310-694-8854
Title
Principal
Brokerage Address
1437 7th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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