5506 Venice Blvd - Medical FOR SALE


Los Angeles, CA 90019- Mid-City
$1,835,000 USD
310-887-6226
5506 Venice Blvd, Los Angeles, CA for Sale
$1,835,000 USD
Medical - FOR SALE
1/4
null | Request Cap Rate

NEW


5506 Venice Blvd
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Central to Culver City, West Adams, Mid-City, and Beverly Hills
  • Close proximity to the I-10 Freeway
  • Located on busy signalized intersection with ±51,766 VP
  • Surrounded by dense residential neighborhoods and neighborhood-serving retail
  • Located within an evolving corridor experiencing continued reinvestment

OVERVIEW

5506 Venice Boulevard presents an opportunity to acquire a highly visible signalized hard-corner infill asset at Venice and Hauser Blvds., located along one of Los Angeles’ most active commercial corridors. The approximately ±2,184 square foot building on ±8,973 square foot lot offers flexibility for an owner-user, investor, or developer seeking to capitalize on strong underlying land value and premier corner positioning. Property Highlights: - Prominent signalized hard corner location with excellent visibility and access - High-exposure frontage along Venice Blvd. - Dual-street access from Venice Blvd. and Hauser Blvd. - Flexible C2-1VL-CPIO zoning supporting a variety of commercial and residential uses - Land-driven value with low existing improvement coverage

FOR SALE DETAILS

PRICE

$1,835,000 USD

PRICE/SF

$799 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

LAC2

APN/PARCEL ID

5064-009-035

ASK ABOUT THIS PROPERTY

Lee ShapiroKWP Real EstateMore Info
310-887-6226

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Lee ShapiroKWP Real EstateMore Info
310-887-6226

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