2030 - 2042 Venice
Los Angeles, CA 90006
$1,700,000
- 0.21 acres
- Built 1925
Listed by Rise Realty · MLS #SR26091212
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A FEW THINGS TO NOTICE
What stands out.
Year built
Built in 1925.
Property size
0.21 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
Exceptional investment opportunity to reposition and maximize the land value of a 9,292 sq. ft. lot featuring a standalone retail building with frontage on Venice Boulevard. This high-visibility corner property benefits from strong street exposure and convenient access, located in a high-traffic area with excellent long-term growth potential.
The property is zoned LAC1 and was originally configured as eight (8) retail units with eight (8) bathrooms. It is currently operated as five (5) units, offering a value-add opportunity to reconfigure back to the original eight-unit layout. All five units are fully occupied with a mix of lease terms. The property includes addresses 2030, 2032, 2034, 2038, and 2042.
The current gross annual income is $ 78,600.00. Operating expenses are minimal, with annual expenses approximately $ 11,908.00. Each unit is separately metered for electricity, with tenants responsible for their own power usage.
THE NEIGHBORHOOD
Explore the location.
2030 - 2042 Venice, Los Angeles, CA 90006
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THE DETAILS
The details, all in one place.
- Property type
- CommercialSale
- Category
- Commercial
- Year built
- 1925
- Parcel
- 5075026001
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
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2030 - 2042 Venice, Los Angeles, CA 90006 · MLS #SR26091212
More in Los Angeles.
$175,000
$175,000Listing information
MLS #SR26091212 · California Regional MLS
Listing brokerage: Rise Realty
Listing agent: Surin Poommai
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.
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