2030 Venice, Los Angeles, California 90006
- $1,700,000
- $1,700,000
Overview
- Retail, Commercial Sale
- 4316 Sqft
- 1925
Description
Investor Opportunity – Prime Development & Value-Add Asset Exceptional investment opportunity to reposition and maximize the land value of a 9, 292 sq. ft. lot featuring a standalone retail building with frontage on Venice Boulevard. This high-visibility corner property benefits from strong street exposure and convenient access, located in a high-traffic area with excellent long-term growth potential. The property is zoned LAC1 and was originally configured as eight (8) retail units with eight (8) bathrooms. It is currently operated as five (5) units, offering a value-add opportunity to reconfigure back to the original eight-unit layout. All five units are fully occupied with a mix of lease terms. The property includes addresses 2030, 2032, 2034, 2038, and 2042. The current gross annual income is $ 78, 600.00. Operating expenses are minimal, with annual expenses approximately $ 11, 908.00. Each unit is separately metered for electricity, with tenants responsible for their own power usage.
Address
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Address: 2030 - 2042 Venice
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90006
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Country: US
Details
Updated on May 22, 2026 at 6:35 pm-
Property ID SR26091212
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Price $1,700,000
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Property Size 4316 Sqft
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Land Area 0.2133 Acres
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Year Built 1925
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Property Type Retail, Commercial Sale
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Property Status Active
Additional details
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Listing Terms Cash to New Loan
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County Los Angeles
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Property Type Commercial Sale
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