Two-Story Retail Office
12513 Venice Los Angeles, CA 90066
12513 Venice, Los Angeles, CA, 90066
$3,750,000
For Sale
$3,750,000
SINGLE_FAMILY - Los Angeles, CA
Property Size5,356 SF
Price / SF$700.15
Days on Market142
Property Features for 12513 Venice
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 4246026006
Building Details
- Year built
- 1957
Listing agency
Equity Union
(805) 892-8119
Listed by
Raymond Rodriguez · License #01402283
(818) 581-5829
Added: Mar 3 Updated: Jul 6 at 3:40PM Checked: Jul 23 at 3:06AM
MLS# SR26046812
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
12513 and 12515 Venice Blvd. present two attached commercial buildings with ground-floor retail and second-floor improvements. Originally constructed in the 1950s, the property totals approximately +/-5,356 square feet across two parcels zoned LAC2. Each building is separately metered for utilities and includes heating and air conditioning.
The 12513 building features a ground-floor retail space currently operating as a yoga studio, along with second-floor space configured with a one-bedroom, one-bath layout and an additional den. The second floor also includes a heating and air conditioning system and access to a private enclosed rear outdoor area. The 12515 building includes a front retail storefront with additional commercial space toward the rear, plus a second-floor loft-style office area. A private enclosed rear outdoor area and heating and air conditioning are also provided in this building.
The property is positioned along a well-traveled commercial corridor in the Mar Vista area of Los Angeles, with the surrounding neighborhood including residential and retail uses, restaurants, and community amenities. A billboard structure is located along Venice Boulevard. Buyer to verify permitted uses, zoning, certificate of occupancy, square footage, and compliance with applicable local regulations.
The 12513 building features a ground-floor retail space currently operating as a yoga studio, along with second-floor space configured with a one-bedroom, one-bath layout and an additional den. The second floor also includes a heating and air conditioning system and access to a private enclosed rear outdoor area. The 12515 building includes a front retail storefront with additional commercial space toward the rear, plus a second-floor loft-style office area. A private enclosed rear outdoor area and heating and air conditioning are also provided in this building.
The property is positioned along a well-traveled commercial corridor in the Mar Vista area of Los Angeles, with the surrounding neighborhood including residential and retail uses, restaurants, and community amenities. A billboard structure is located along Venice Boulevard. Buyer to verify permitted uses, zoning, certificate of occupancy, square footage, and compliance with applicable local regulations.
Key Highlights
- Two attached retail buildings at 12513 & 12515 Venice Blvd totaling +/-5,356 SF on two parcels zoned LAC2
- Year built 1957 with ground‑floor retail plus second‑floor improvements in both buildings
- 12513 Venice Blvd: +/-2,730 SF; yoga studio on ground floor and second‑floor 1BR/1BA plus den with HVAC and private enclosed rear outdoor area
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $208.2k | $38.88 |
| − Vacancy | −$38.7k | −$7.23 |
| EGI | $169.5k | $31.65 |
| − OpEx | −$42.4k | −$7.91 |
| NOI | $127.1k | $23.74 |
5,356 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.82M
$1.59M – $2.12M
NOI $127,131 @ 7.0% cap · market cap 3.39%
Second Best
Retail
$1.78M
$1.55M – $2.07M
NOI $124,298 @ 7.0% cap · market cap 3.31%
Theoretical Best
Multifamily LT 5
$108.51M
$94.95M – $126.59M
NOI $7,595,654 @ 7.0% cap · market cap 202.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Light on Lotus
Gym & Fitness Center
Modern Shaman Therapeutic ...
Alternative Medicine Practice
CHALK
Marketing & Advertising
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FAQs
What type of property is this?
Retail space - Two attached Venice Boulevard buildings offer ground-floor retail with second-floor office or residential-style improvements.
Where is this retail space located?
The property is located at 12513 Venice Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Two attached retail buildings at 12513 & 12515 Venice Blvd totaling +/-5,356 SF on two parcels zoned LAC2; Year built 1957 with ground‑floor retail plus second‑floor improvements in both buildings; 12513 Venice Blvd: +/-2,730 SF; yoga studio on ground floor and second‑floor 1BR/1BA plus den with HVAC and private enclosed rear outdoor area
