10400-10410 Venice Blvd - Storefront FOR SALE


Culver City, CA 90232- Washington Culver
$6,925,000 USD
310-699-0969
10400-10410 Venice Blvd, Culver City, CA for Sale
$6,925,000 USD
Storefront - FOR SALE
1/8
null | 5.01% Cap Rate

10400-10410 Venice Blvd
Culver City, CA 90232
Washington Culver


HIGHLIGHTS

  • Fully leased retail center with five tenants and one billboard tenant, all with long-term occupancy history.
  • Approximately 127 feet of Venice Boulevard frontage and 50 feet of Motor Avenue frontage at a signalized intersection.
  • 15 on-site striped parking spaces with excellent ingress and egress.
  • High traffic counts exceeding 59,000 cars per day in a dense, walkable trade area.
  • Located in Culver City, a thriving hub for entertainment, technology, and creative industries with strong demographics.

OVERVIEW

This offering presents a rare opportunity to acquire a multi-tenant retail property in the heart of Culver City, one of Los Angeles’ most dynamic and rapidly evolving submarkets. The property spans approximately 7,341 square feet on a 13,839-square-foot parcel and is currently 100% occupied by five long-standing tenants and one billboard tenant. All tenants have operated at this location for over 15 years, providing stable income and consistent performance. The asset generates a current NOI of $347,034.66, reflecting a 5.01% cap rate at the asking price of $6,925,000. Located at the signalized intersection of Venice Boulevard and Motor Avenue, the property benefits from exceptional visibility with approximately 127 feet of frontage along Venice Boulevard and 50 feet along Motor Avenue. The site includes 15 striped parking spaces and offers excellent ingress and egress. Positioned in a high-traffic corridor with over 59,000 cars per day at Overland & Venice and 54,000 cars per day at Motor & Venice, the property ensures strong exposure for tenants. This pride-of-ownership asset offers long-term redevelopment potential while delivering immediate income stability. With proximity to major employers, entertainment studios, and transit connections, this property is ideally suited for investors seeking a secure, income-producing asset in a premier Westside location.

FOR SALE DETAILS

PRICE

$6,925,000 USD

PRICE/SF

$939 USD /SF

CAP RATE

5.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,839 SF

ZONING

LAC2

APN/PARCEL ID

4208-007-030

ASK ABOUT THIS PROPERTY

Christian HollandWESTMAC Commercial Brokerage CompanyMore Info
310-699-0969

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Christian HollandWESTMAC Commercial Brokerage CompanyMore Info
310-699-0969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.