A rare and exceptional opportunity to acquire a high-value, income-producing executive office suite portfolio in a prime commercial location on E Venice Avenue. This exclusive property encompasses 6,639 square feet across the entire second floor of the building and is configured into six premier executive suites.
This property is ideal for the discerning commercial real estate investor seeking stable returns or an owner-user looking for a prestigious headquarters with stable built-in rental income potential.
Offered at $195.81 per square foot, this presents a competitive value for a high-quality commercial asset in the rapidly growing Venice market.
This offering is already producing income with three of the six executive suites currently leased by quality tenants.
Three vacant suites offer the new owner maximum flexibility to lease at market rent (with local rates averaging $25.00/SF/YR for Class A space), significantly increasing the Net Operating Income (NOI).
Excellent visibility and accessibility on E Venice Ave, a key thoroughfare for professional and medical businesses.
The offering includes the exclusive use and control of the building's main lobby and elevator, providing a private, executive-level entry point that ensures maximum professionalism and separation from other tenants.
The six-suite layout is highly adaptable for professional offices, medical use, or can be consolidated for a single large corporate user.
Modern construction and superior maintenance designed to attract and retain long-term, high-quality tenants.