2548 Lincoln Blvd
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2548 Lincoln Blvd
1,933 SF 48% Leased Retail Building Venice, CA 90291 $2,149,000 ($1,112/SF)
Investment Highlights
- Heavy day time traffic
- Great street exposure
Executive Summary
Great location, motivated Seller, priced for a quick sale. A prime commercial real estate opportunity in the heart of one of Los Angeles' most sought-after neighborhoods. This property is ideal for wide range of businesses, combining excellent visibility, convenient access located in the vibrant Venice neighborhood, surrounded by bustling shops, and thriving businesses, this property presents an unparalleled opportunity to become a part of a dynamic community.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$76,800
|
$39.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$76,800
|
$39.73
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $76,800 |
| Annual Per SF | $39.73 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $76,800 |
| Annual Per SF | $39.73 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
1,933 SF
Building Class
C
Year Built
1962
Price
$2,149,000
Price Per SF
$1,112
Percent Leased
48%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.08 AC
Zoning
LAC2 - Retail with limited manufacturing, Churches, Schools, Auto Sales.
Parking
5 Spaces (2.59 Spaces per 1,000 SF Leased)
Frontage
40 FT on California 1
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (85)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 4236-031-011 | Improvements Assessment | $16,271 (2024) |
| Land Assessment | $286,639 (2024) | Total Assessment | $302,910 (2024) |
PROPERTY TAXES
Parcel Number
4236-031-011
Land Assessment
$286,639 (2024)
Improvements Assessment
$16,271 (2024)
Total Assessment
$302,910 (2024)
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Presented by
Grigoryan Agency
2548 Lincoln Blvd
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