Two-Story Mixed-Use Retail
For Sale
$7,950,000
10419 Venice Boulevard, Los Angeles, CA 90034
Two-story retail and office building with fully leased ground floor and 15,000 SF second-floor availability.
Property Size26,246 SF
Price / SF$530
Days on Market486
Property Features for 10419 Venice Boulevard
General Information
Standard status
Active
Size
26,246 SF
Property subtype
COMMERCIAL
Zoning
MU(EC)
Site & Location
Traffic Count
60,000 vehicles/day
Highway Access
Yes
Amenities
private patios
elevator
Building Details
Building Size
26,246 SF
Year Built
1987
Stories
2
Listing Agency:
Muselli Commercial Realtors 310-428-0922 Overview Additional information MLS R ID 26851809 Interior features Total Bathrooms 0 Cooling Yes Heating Yes Exterior features Lot Size 0.55 Acres Other property details Archetype Realty Request a tour Contact agent Request a tour Contact agent Listed by Vincent Muselli CA DRE# 00825237 with Muselli Commercial Realtors 310-428-0922
Listed By:
Vincent Muselli CA DRE# 00825237 · License #00825237
Source:
Archetyperealty
Added: Jun 24, 2025
Changed: Oct 19
Last Checked: Oct 21 at 2:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Muselli Commercial Realtors 310-428-0922 Overview Additional information MLS R ID 26851809 Interior features Total Bathrooms 0 Cooling Yes Heating Yes Exterior features Lot Size 0.55 Acres Other property details Archetype Realty Request a tour Contact agent Request a tour Contact agent Listed by Vincent Muselli CA DRE# 00825237 with Muselli Commercial Realtors 310-428-0922
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Venice Center is a two-story retail and office building with a ground floor and second-floor space. The ground floor is 100% leased. The second floor is partially leased, with the entire 15,000 SF available, and features numerous glass panels, natural light, and private patios. An elevator provides access from the garage and ground floor to the second floor.
The property is located at a prominent signalized corner of Venice Boulevard and Motor Avenue. It is described as within walking distance to Downtown Culver City, and it has easy access to the 405 and 10 freeways.
Zoning is Los Angeles City MU(EC) – Mixed Use (Exposition Corridor). The remarks note potential for up to 86,098 SF of mixed-use development, subject to buyer verification.
The property is located at a prominent signalized corner of Venice Boulevard and Motor Avenue. It is described as within walking distance to Downtown Culver City, and it has easy access to the 405 and 10 freeways.
Zoning is Los Angeles City MU(EC) – Mixed Use (Exposition Corridor). The remarks note potential for up to 86,098 SF of mixed-use development, subject to buyer verification.
Key Highlights
- Two‑story retail and office building built in 1987 with 73 parking spaces.
- Ground floor is 100% leased.
- Entire 15,000 SF second floor is available (second floor partially leased).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$356,044
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,120,880
$7.1M
Cap Rate 7%
$5,086,343
$5.1M
Cap Rate 9%
$3,956,044
$4.0M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$583.2K $38.88/SF
− Vacancy
−$108.5K −$7.23/SF
EGI
$474.7K $31.65/SF
− OpEx
−$118.7K −$7.91/SF
NOI
$356.0K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,120,880
Cap Rate 7%
$5,086,343
Cap Rate 9%
$3,956,044
Alternative Uses
Best Use
Office B
$5.09M
$4.45M – $5.93M
NOI $356,044 @ 7.0% cap · market cap 4.48%
Second Best
Retail
$4.97M
$4.35M – $5.80M
NOI $348,108 @ 7.0% cap · market cap 4.38%
Theoretical Best
Multifamily LT 5
$303.89M
$265.90M – $354.54M
NOI $21,272,370 @ 7.0% cap · market cap 267.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
60,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6,283
Businesses Nearby
Explore this area
Business Placement
Demographics for 90034, CA
57,152
Population
29,262
Households
2
Avg Household Size
35
Median Age
64%
College-Educated
92%
High-School Grad
3.1 sq mi
ZIP Area
18,436
Density / Sq Mi
$103,082
Median Household Income
$62,891
Median Earnings
$2,180
Median Rent
$1,395,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - Two-story retail and office building with fully leased ground floor and 15,000 SF second-floor availability.
Where is this retail space located?
The property is located at 10419 Venice Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: Two‑story retail and office building built in 1987 with 73 parking spaces.; Ground floor is 100% leased.; Entire 15,000 SF second floor is available (second floor partially leased).
