5500 Venice Blvd - Residential Income FOR SALE


Los Angeles, CA 90019- Mid-City
$2,495,000 USD
213-219-7676
5500 Venice Blvd, Los Angeles, CA for Sale
$2,495,000 USD
Residential Income - FOR SALE
1/25
null | Request Cap Rate

NEW


5500 Venice Blvd
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Corner Lot C2
  • 8,969 Lot size
  • Rare medical building development project

OVERVIEW

Exceptional Mid-City development opportunity! Fully RTI plan set approved for a medical facility at the corner of Venice & Hauser. Project includes architectural drawings and permits ready to issue — no entitlement delays. Prime LAC2 zoning with excellent visibility, strong traffic counts, and convenient access to the 10 Freeway and major Los Angeles corridors. Large 8,972 SF lot currently in an Opportunity Zone. Total parking: 14 spaces, including 1 handicap space and 3 bicycle parking.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$1,142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Medical Building Development Opportunity RTI

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,965 SF

ZONING

LAC2

APN/PARCEL ID

5064-009-035

ASK ABOUT THIS PROPERTY

John PakJP Investment Real Estate GroupMore Info
213-219-7676

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John PakJP Investment Real Estate GroupMore Info
213-219-7676

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