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For SaleLuxury

$7,950,000

23,923 sqft$332/sqft502 days on market

10419 Venice Boulevard

Los Angeles, CA 90034

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

23,923

Square feet

1987

Built

Listing narrative

Description

Retail / Owner User / Creative Office / Residential Conversion / Development Site. The Venice Center is a 2-story retail and office building. It is situated in a desirable location at the prominent signalized corner of Venice Boulevard and Motor Avenue, with approximately 60,000 vehicles passing by each day. Walking distance to Downtown Culver City. The property lends itself to converting the 2nd-floor offices into creative space, 2nd-floor residential conversion, or possibly adding a 3rd floor, or redevelopment under the very generous City of Los Angeles Zoning. The ground floor is 100% leased. The 2nd floor is partially leased, but the entire 15,000 SF is available. Features include numerous glass panels, natural light, and private patios. Elevator from the garage and ground floor to the 2nd floor. Zoning is Los Angeles City MU(EC) - Mixed Use (Exposition Corridor). Potential to build up to 86,098 SF of mixed-use (Buyer to Verify). The ground floor is 100% leased. The 2nd floor is partially leased, but the entire 15,000 SF is available. Features include numerous glass panels, natural light, and private patios. Elevator from the garage and ground floor to the 2nd floor. Easy access to the 405 and 10 Freeways, Culver City, Cheviot Hills, Century City, Beverly Hills, Westwood, West Los Angeles, Santa Monica, Venice, Marina Del Rey, and Mar Vista.

Listing agent (MLS): Vincent Muselli · Listing brokerage (MLS): Muselli Commercial Realtors

Property Details

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Price

$7,950,000

Beds

Beds n/a

Type

Commercial

Home Size

23,923 sqft

Baths

Baths n/a

Lot Size

0.55 acres

Year

1987

Status

For Sale

Days on Market

502

$ / Sqft

$332

· 8% down, 7% APR, 30yr fixed
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Courtesy of Muselli Commercial Realtors