10872-10874 Venice Blvd - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90034
$1,300,000 USD
213-220-5466
10872-10874 Venice Blvd, Los Angeles, CA for Sale
$1,300,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

10872-10874 Venice Blvd
Los Angeles, CA 90034


HIGHLIGHTS

  • Prime Culver City Location — High-visibility Venice Boulevard corridor with strong daily foot and vehicle traffic
  • Two-Building Configuration — Street-front retail building plus a private rear duplex, offering natural separation of commercial and residential uses
  • Three Units, Fully Occupied — Zero vacancy with stable, in-place tenants across all three units
  • Diversified Income Stream — Mixed commercial and residential rents reduce single-tenant risk
  • Value-Add Upside — Commercial tenant is month-to-month, presenting an immediate opportunity to negotiate a new long-term lease at market rent
  • Self-Management Friendly — Straightforward three-unit configuration with landlord-paid utilities, ideal for an owner-operator

OVERVIEW

A mixed-use investment property ideally positioned on the high-visibility Venice Boulevard corridor in the heart of Culver City. This two-building asset delivers a compelling blend of commercial and residential income . Street-front retail flower shop anchors the front building, while a private duplex in the rear provides steady residential cash flow, together creating a well-rounded income stream that is ideal for the self-managing investor. The front building commands excellent visibility directly on Venice Boulevard, one of the West Side's most heavily traveled arterials. Currently operating as an established flower shop, the retail storefront benefits from strong daily foot and vehicle traffic, providing consistent commercial income. Behind it, the rear duplex offers two residential unit, a one-bedroom and a two-bedroom, set in a quiet, private environment, separated from the bustle of the street front and well-suited for long-term tenants. All three units are currently occupied and generating $7,400 per month in gross income, providing an incoming owner with immediate, stable returns from day one. Notably, the commercial tenant is currently on a month-to-month arrangement, presenting an early opportunity for a new owner to negotiate a fresh long-term lease, adding further stability and value to an already well-performing asset. Do not disturb Tenants – Inside with accepted offers only.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$685 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,109 SF

ZONING

CCC2YY

APN/PARCEL ID

4208-020-047

ASK ABOUT THIS PROPERTY

Susan LauColdwell Banker Commercial RealtyMore Info
213-220-5466

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Susan LauColdwell Banker Commercial RealtyMore Info
213-220-5466

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