10853-10855 Venice Blvd - Freestanding FOR SALE


Los Angeles, CA 90034- Palms
$3,500,000 USD
818-433-0548
10853-10855 Venice Blvd, Los Angeles, CA for Sale
$3,500,000 USD
Freestanding - FOR SALE
1/20
null | Request Cap Rate

10853-10855 Venice Blvd
Los Angeles, CA 90034
Palms


OVERVIEW

10853–10855 Venice Boulevard is a rare dual-structure commercial opportunity located along one of Los Angeles’ most heavily traveled Westside corridors, bridging Palms, Culver City, and Mar Vista. Positioned on a 7,200 SF C2-zoned lot, the property features two freestanding buildings totaling approximately 5,233 SF, offering exceptional visibility, access, and long-term flexibility in a high-barrier submarket. The front retail building is currently occupied by the owner-user and will be delivered vacant at close of escrow, providing immediate occupancy for an owner-user or the ability to reposition at market rents. The existing business is also available for sale, creating a turnkey or value-add opportunity. The rear structure is leased to a tenant on a month-to-month basis, generating approximately $7,500 per month in rental income, offering immediate in-place cash flow with flexibility for future redevelopment or repositioning. This versatile configuration allows an owner-user to occupy one building while offsetting costs with rental income, or enables an investor to stabilize both structures across multiple use categories. C2 zoning supports a wide range of uses including retail, restaurant, creative office, studio, light industrial, showroom, and warehouse applications. Located less than two miles from Downtown Culver City, Sony Pictures Studios, and the Metro E-Line, the property benefits from strong tenant demand driven by the surrounding creative, tech, and entertainment ecosystem. With continued revitalization along Venice Boulevard, this asset presents a compelling blend of vacant-delivery optionality, stable income, and long-term upside in one of Los Angeles’ most resilient commercial corridors.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$1,207 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAC2

APN/PARCEL ID

4252-026-017

ASK ABOUT THIS PROPERTY

Karl MarkarianeXp CommercialMore Info
818-433-0548

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Karl MarkarianeXp CommercialMore Info
818-433-0548

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