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- LoopNet Team
4800 Venice Blvd
Los Angeles, CA 90019
Office Property For Sale
Investment Highlights
- $50,000 PRICE REDUCTION!
- Hard Corner Property, Corner of Venice Blvd & Rimpau
- Possible Conversion to a Coffee Shop and/or a Food Business / Cafe'
- Remarkable Visibility and Presentation on Venice Blvd with 112 feet of frontage
- Potential Redevelopment Opportunity
- Across from the Midtown Crossing and Living Spaces
PROPERTY FACTS
About 4800 Venice Blvd , Los Angeles, CA 90019
$50,000 PRICE REDUCTION! THINK SPACE REAL ESTATE is pleased to present the opportunity to acquire 4800 Venice Blvd property a triangular shaped lot with approximately 112 feet of frontage facing Venice Blvd. It is zoned RD 1.5 and has been used as a commercial office for over 30 years. The property is currently vacant. It appears from City records that the building was "relocated" to the lot in the 1950's as a small home of approximately 800 SF with a garage. The garage has been used as an office space for decades. Although the Use Code for the property on Zimas (http://zimas.lacity.org/) shows as code: "1200 - Commercial - Store Combination - Store and Office Combination - One Story", but the commercial use is non-confirming, and it would possibly require a variance to make it legal. However, the SFR could be used as a "home office" although there would be restrictions on the exterior signage etc and/or potentially LIVE/WORK. Please conduct your own investigation with the City of Los Angeles regarding zoning and use etc.
PROPERTY TAXES
| Parcel Number | 5067-007-005 | Improvements Assessment | $70,000 |
| Land Assessment | $550,000 | Total Assessment | $620,000 |
PROPERTY TAXES
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