10419 Venice Boulevard, Los Angeles, CA 90034

$7,950,000

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Listing courtesy of Listing Agent: Vincent Muselli (muselligroup@muselli.net) from Listing Office: Muselli Commercial Realtors.

List Price
$7,950,000
Status
ACTIVE
Days on Market
444
Price Change
▼ $1,000,000 1782367886
MLS#
26851809
Subtype
Commercial Sale
Year Built
1987
Lot Size
23,922
Acres
0.55
Building Name
Venice Center
MLS Area Major
Palms - Mar Vista (C13)

Property 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.

Additional Information

Zoning
LAC2
Air Conditioning
Yes

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.