12926 Venice Blvd - Storefront Retail/Office FOR SALE


Los Angeles, CA 90066
$5,225,000 USD
310-966-4352
12926 Venice Blvd, Los Angeles, CA for Sale
$5,225,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | Request Cap Rate

12926 Venice Blvd
Los Angeles, CA 90066


HIGHLIGHTS

  • Mixed-use property offering multiple NNN leases for stable income and low management oversight.
  • Corner-lot site on Venice Boulevard with significant frontage and daily vehicle exposure.
  • Exclusive rooftop terrace creates flexibility for entertainment, executive use, or additional revenue generation.
  • Walkable access to vibrant retail, dining, and lifestyle amenities in Mar Vista and surrounding neighborhoods.
  • Convenient connectivity to I-405, Santa Monica Freeway, Downtown Culver City, and Los Angeles International Airport.
  • Dense residential base with strong consumer spending within close proximity.

OVERVIEW

WESTMAC Commercial Brokerage Company is pleased to present the opportunity to purchase 12926 Venice Boulevard, a well positioned mixed use retail and live/work or creative office investment located in the highly desirable Venice submarket of Los Angeles. The property consists of approximately 7,968 square feet situated on approximately 7,998 square feet of land and features three ground floor retail suites along with an approximately 3,000 square foot fully renovated second floor penthouse opportunity ideal for an owner user, live/work occupancy, or creative office use. Positioned on the Southwest corner of Venice Boulevard and Lyceum Avenue, the property benefits from strong visibility, consistent vehicular traffic, and immediate access to surrounding Westside neighborhoods including Venice, Mar Vista, Santa Monica, and Culver City. The penthouse additionally features exclusive access to an approximately 2,000 square foot private rooftop deck not included in the building square footage, creating approximately 5,000 square feet of total indoor/outdoor penthouse space. The rooftop deck is exclusively designated for the penthouse space and is not accessible to the ground floor tenants. The property additionally includes rear on site parking for approximately nine (9) vehicles. The property is occupied by a curated mix of retail and service oriented tenants including Angel City Pizza, re_grocery, and Enter Martial Arts, creating strong tenant synergy and an activated street presence along Venice Boulevard. Existing leases include scheduled rental increases, tenant reimbursements, and limited landlord responsibilities, providing stable in place income. The offering is currently stabilized by the ground floor retail tenancy and includes a vacant ±3,000 square foot second floor penthouse opportunity ideal for an owner user to live/work while benefiting from the existing income generated by the ground-floor retail tenants.

FOR SALE DETAILS

PRICE

$5,225,000 USD

PRICE/SF

$656 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,998 SF

ZONING

[Q]C2-1

APN/PARCEL ID

4236-012-037

ASK ABOUT THIS PROPERTY

T.C. MackerWESTMAC Commercial Brokerage CompanyMore Info
310-966-4352

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T.C. MackerWESTMAC Commercial Brokerage CompanyMore Info
310-966-4352

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