2157-2163 W Venice Blvd - Retail FOR SALE


Los Angeles, CA 90006- Harvard Heights
$800,000 USD
310-866-3844
2157-2163 W Venice Blvd, Los Angeles, CA for Sale
$800,000 USD
Retail - FOR SALE
1/10
null | 7.6% Cap Rate

2157-2163 W Venice Blvd
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • 100 Percent Occupied Multi-Tenant Retail Asset with a Prime Location in Harvard Heights
  • Month-to-Month Modified Gross Leases Provide Consistent Income and Operational Flexibility
  • Direct Access to Koreatown, Pico Union, USC, and Downtown Los Angeles
  • Excellent Walkability with a 95 Walk Score and Immediate Proximity to Major Transit Routes and the I-10 Freeway

OVERVIEW

Marcus & Millichap is pleased to offer for sale the multi-tenant retail building located at 2157 Venice Boulevard in the heart of Central Los Angeles, California. This ±3,000 square-foot street retail property sits on a ±3,601 square-foot (0.08-acre) lot and features 60 feet of high-visibility frontage along Venice Boulevard. Fully leased to four month-to-month tenants under modified gross leases, the property generates consistent income while providing operational flexibility and long-term repositioning potential. It is ideal for both owner users and value-add investors, benefiting from strong street exposure, excellent walkability, and dense surrounding demographics. Located in the historic Harvard Heights neighborhood, the property is surrounded by a mix of established residential communities and new commercial developments. The area is part of a Historic Preservation Overlay Zone (HPOZ) and a designated Community Plan Implementation Overlay (CPIO) area. Its central location provides direct access to Koreatown, Pico Union, USC, and Downtown Los Angeles, with convenient proximity to major transit routes and the I-10 Freeway. With a Walk Score of 95, a well-established local tenant base, and potential for seller carryback financing, this offering represents a rare opportunity to acquire a street-front retail asset in one of Los Angeles’s most culturally rich corridors.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

7.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,601 SF

ZONING

LAC1

APN/PARCEL ID

5074-009-011

ASK ABOUT THIS PROPERTY

Iman MossanenMarcus & MillichapMore Info
310-866-3844

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Iman MossanenMarcus & MillichapMore Info
310-866-3844

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