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    8953 Venice Blvd Los Angeles, CA 90034

    Sponsored
    For Sale
    $5,275,000

    7,102 SF Retail Space, High Visibility

    Property size:
    7,102 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    328
    This exceptional 7,102 square foot storefront property, built in 1946, is situated on a 10,378 square foot lot (APN 4312-012-011) at 8953 Venice Blvd, Los Angeles, CA 90034. Boasting tremendous visibility from Venice, Robertson, and Exposition Boulevards, this single-story building benefits from its location directly off the 10 freeway's Robertson Boulevard entrance/exit and adjacent to the Culver City Expo Line Station. The property's high-traffic location is underscored by approximately 59,117 cars passing daily at the intersection of Venice and Robertson Boulevards. Furthermore, the average household income within a one-mile radius is approximately $165,947. This location offers unparalleled access to major thoroughfares and public transportation, placing it in close proximity to newly completed Warner Discovery Offices, Ivy Station, and the under-development new Apple campus. The property is zoned LAM1, presenting a significant opportunity for a variety of retail uses. The asking price for this trophy asset is $5,275,000.

    Property Features for 8953 Venice Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,102 SF

    Building Details

    Year Built
    1946
    Buildings
    1
    Stories
    1

    HighLights

    • $5,275,000 asking price for this 7,102 SF retail storefront.
    • High visibility from Venice, Robertson, and Exposition Boulevards.
    • Across from Warner Discovery Offices, Ivy Station, and the new Apple campus.
    • Excellent freeway access via the 10 Freeway/Robertson Blvd. interchange.
    • Adjacent to the Culver City Expo Line Station.
    • High traffic count: ±59,117 CPD at Venice & Robertson Boulevards.
    Property Profile Location Intelligence

    Current Use by Public Records

    Earl Scheib Paint ... Auto Body Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3909815
    Latitude
    34.0285289

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    FAQs

    What type of property is this?
    Individual retail property - 7,102 SF Retail Space, High Visibility
    Where is this individual retail property located?
    The property is located at 8953 Venice Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $5,275,000.
    What are key features of this property?
    This property features: $5,275,000 asking price for this 7,102 SF retail storefront.; High visibility from Venice, Robertson, and Exposition Boulevards.; Across from Warner Discovery Offices, Ivy Station, and the new Apple campus.
    Request Owner's contact information
    8953 Venice Blvd Los Angeles, CA 90034
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    Los Angeles, CA 90034
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8953 Venice Blvd Los Angeles, CA 90034
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