5363 Venice Blvd - Auto Repair FOR SALE


Los Angeles, CA 90019- Mid-City
$3,695,000 USD
310-469-9012
5363 Venice Blvd, Los Angeles, CA for Sale
$3,695,000 USD
Auto Repair - FOR SALE
1/14
null | 6.22% Cap Rate

5363 Venice Blvd
Los Angeles, CA 90019
Mid-City


OVERVIEW

Located along the highly visible Venice Boulevard corridor in Mid City, 5363-5373 Venice Blvd presents a rare opportunity to acquire a fully improved automotive property which is currently used as an auto body shop with an existing permitted paint booth and a mechanic shop. Ideal for collision repair, auto body, paint, mechanic shop, or specialty automotive users, the property offers excellent street frontage, strong traffic exposure, and long-term value in a market where automotive properties with existing spray booth infrastructure are increasingly difficult to replace. The property suits itself well for an owner/user or an investor. TURNKEY AUTOMOTIVE INFRASTRUCTURE Featuring an existing permitted paint booth, car lifts, and automotive improvements, the property is well positioned for collision repair, auto body, paint, restoration, mechanic shop or other specialized automotive operations, reducing the time and cost required to establish occupancy. FUTURE DEVELOPMENT POTENTIAL Zoned to build up to 40 units + retail by right.

FOR SALE DETAILS

PRICE

$3,695,000 USD

PRICE/SF

$540 USD /SF

CAP RATE

6.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,624 SF

ZONING

LAC2

APN/PARCEL ID

5069-031-039

ASK ABOUT THIS PROPERTY

Jake ZacutoZacuto GroupMore Info
310-469-9012

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Jake ZacutoZacuto GroupMore Info
310-469-9012

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