540-542 Rose Ave - Storefront Retail/Residential FOR SALE


Venice, CA 90291
$14,000,000 USD
424-299-7395
540-542 Rose Ave, Venice, CA for Sale
$14,000,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | Request Cap Rate

540-542 Rose Ave
Venice, CA 90291


HIGHLIGHTS

  • Two-level mixed-use building incorporating high-profile retail and residential penthouse units.
  • 100% leased, delivering reliable income with structured extension options.
  • Corner location along Rose Avenue in close proximity to Abbot Kinney and Venice Beach.
  • Surrounded by Venice’s most visited dining and retail establishments, sustaining strong foot traffic.
  • Private residential units featuring expansive outdoor terraces and premium finishes.
  • On-site parking for approximately 20 vehicles in a densely developed urban setting.

OVERVIEW

This fully leased, mixed-use property at 540–542 Rose Avenue presents a rare investment opportunity in the heart of Venice, California. Positioned on one of the city’s most recognizable streets, the asset combines the stability of retail tenancy with premium residential units, ensuring dependable cash flow and long-term growth potential. The ground-floor retail spaces are occupied by prominent tenants such as Parachute and Dayglow, complemented by residential penthouse units above, offering strong occupancy in a market characterized by high barriers to entry. Located at a signalized corner along Rose Avenue, the property enjoys steady pedestrian traffic and immediate proximity to Abbot Kinney Boulevard, Main Street, and Venice Beach. Surrounding retailers and dining destinations, including Gjusta, American Beauty, and Wabi on Rose, reinforce the property’s position within a thriving lifestyle and entertainment corridor. With easy access to major thoroughfares and a competitive parking ratio, this asset combines location strength with revenue stability, making it an attractive acquisition for investors seeking well-located urban real estate with enduring upside potential.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$2,000 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAC4

APN/PARCEL ID

4240-010-046

ASK ABOUT THIS PROPERTY

Andrew TurfNewmarkMore Info
424-299-7395

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Andrew TurfNewmarkMore Info
424-299-7395

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