323-452-6762
915 Venice Blvd, Los Angeles, CA for Sale
Freestanding - FOR SALE
1/8
null | Request Cap Rate

915 Venice Blvd
Los Angeles, CA 90015
Pico-Union


HIGHLIGHTS

  • $1,350,000 invested in capital improvements
  • $300,000 additional investment in FF&E
  • Tax benefits of the DTLA Opportunity Zone
  • Strong 100% bonus depreciation components
  • Located at the intersection of sports, music, and hospitality
  • $700,000,000 spent on Entertainment within three miles

OVERVIEW

Designed by Brinkworth, the London design firm for leading global brands including Adidas, All Saints, Arc’teryx, Cookies, Google, Harrods, Nike, Stussy, and Supreme. The concept provides high-end showroom space suitable for a global urban brand and is currently turn-key for a leading cannabis dispensary and consumption cafe. This property also provides an owner-user or value-add investor with the ability to leverage its location in an Opportunity Zone to reduce or eliminate capital gains taxes (consult a CPA), to improve cash flow through applying the newly reinstated 100% bonus depreciation to elements of the Property, and reduce operating costs through its Silver LEED cetified condition.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Call Broker to discuss pricing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

M1-1, Los Angeles

APN/PARCEL ID

5135-030-012

ASK ABOUT THIS PROPERTY

Martin McDermottMethod CommercialMore Info
323-452-6762

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Martin McDermottMethod CommercialMore Info
323-452-6762

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