2010 Lincoln Blvd, Venice, Los Angeles County, CA, 90291 Silicon Valley CA US

USD 3950000 For Sale
MLS: 22-221423

Property Details

Bedrooms

2

Bathrooms

2

Neighborhood

Venice

Property Type

MultiFamily

Description

Welcome to this premiere opportunity for a modernized commercial/office/residential mixed-use building in the heart of Venice, at a CAP RATE of 5.4%! Located on one of the most well-known streets in Los Angeles, this building is perfect for an owner/user or as a high-return investment opportunity. Endless options are here in this well-maintained building, which was completely remodeled in 2014, and offers you the perfect property for your 1031 exchange and passive income investors. With amazing frontage, this property is made up of 3,603 sqft divided into 4 retail/office units. All units are tenant occupied with all three 1st floor retail spaces ranging between 660 to 768 sqft, with the entire ground floor (all three units) rented to a well-known local favorite pet store. The entire bottom floor space has been thoughtfully curated and is a perfectly cohesive space yet can easily be turned back into three separate spaces. Two bathrooms on the ground level and plenty of storage. Move upstairs to a fabulous designer-done office space that makes up the entire second floor. This open-concept space offers a kitchen, two bathrooms, and a conference room. Enjoy a fabulous expansive roof deck patio, with a beautiful trellis that encapsulates the space and gives an indoor/outdoor flow truly the perfect space! Located on "The Linc" you are in one of the most well-desired parts of the Lincoln Corridor. You are surrounded by amazing boutique shops, restaurants, and a quick walk to the new Venice West live music venue. Situated in a high-traffic area, within a mile of Abbot Kinney and the beach, this is one of a kind and not one to be missed! Find out more about this property. Request details here

Location

Address

2010 Lincoln Boulevard, Venice, California 90291, United States

City

Venice

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Real Estate Broker
Tamra (Tami) Pardee
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