70 N Venice Blvd
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70 N Venice Blvd
2,232 SF Retail Building Venice, CA 90291 $2,500,000 ($1,120/SF)
Investment Highlights
- High Barriers to Entry
- Blank Canvas
- Bustling Venice Beach Corner
Executive Summary
WESTMAC Commercial Brokerage Company is pleased to present the exceptional opportunity to acquire 70 N Venice Boulevard. The completely vacant property is ±2,232 square feet of building on ±2,713 square feet of land. The ground floor is office or retail space perfect for an owner-user. The second floor is a vacant two-bedroom one-bath apartment. There is a gated parking lot in the rear of the building with space for approximately three vehicles. There is also metered street parking, and city lots on either side of the property.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,232 SF
Building Class
C
Year Built
1940
Price
$2,500,000
Price Per SF
$1,120
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.85
Lot Size
0.06 AC
Zoning
LARD1.5
Parking
3 Spaces (1.34 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Biker's Paradise (98)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 4226-014-016 | Improvements Assessment | $49,480 |
| Land Assessment | $42,749 | Total Assessment | $92,229 |
PROPERTY TAXES
Parcel Number
4226-014-016
Land Assessment
$42,749
Improvements Assessment
$49,480
Total Assessment
$92,229
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70 N Venice Blvd
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