Listing Agent
Assigned, Door-Multi, Driveway, Garage, Uncovered
Assigned, Door-Multi, Driveway, Garage, Uncovered
INCREDIBLE VALUE FOR VENICE INVESTMENT PROPERTY - PARK YOUR CASH FOR A 7.5% CAP IN THIS TURNKEY, MODERN + NEWLY RENOVATED RETAIL/OFFICE MIXED-USE BUILDING! This premier opportunity is a full NNN property - no expenses, and low maintenance in one of the best locations in the hub of one of the best Venice corridors, and one of the most well-known streets in Los Angeles! This building is perfect for an owner/user or as a high-return investment opportunity. Endless options are here in this well-maintained building completely remodeled in 2014, has 5 parking spaces, and offers you the perfect property for your 1031 exchange and passive income investors. With excellent frontage, this property comprises 3,603 sqft divided into 3 retail spaces and 1 office/artist loft. The entire bottom floor consists of 3 ground floor retail spaces ranging between an estimated 660 to 768 sqft, with the entire ground floor (all 3 units) rented to a well-known local favorite pet store. The entire bottom floor space has been thoughtfully curated and is a perfectly cohesive space yet can easily be turned back into three separate spaces. Two bathrooms on the ground level and plenty of storage. Move upstairs to a fabulous designer-done office space that makes up the entire second floor. This open-concept space offers a kitchen, two bathrooms, and a conference room. Enjoy a fabulous expansive roof deck patio, with a beautiful trellis that encapsulates the space and gives an indoor/outdoor flow truly the perfect space! Located on "The Linc" you are in one of the most well-desired parts of the Lincoln Corridor. You are surrounded by amazing boutique shops, restaurants, and a quick walk to the new Venice West live music venue. Situated in a high-traffic area, within a mile of Abbot Kinney and the beach, this is one of a kind and not one to be missed! **See attached package for Rent Roll & Lease Info**
Date | Details | Change |
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Price Reduced from $3,250,000 to $2,875,000 |
Courtesy of Tamra (tami) Pardee of Pardee Properties
Based on information from California Regional Multiple Listing Service, Inc. as of June 6th, 2023 at 9:20pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.