Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    845 Brooks Ave Venice, CA 90012

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4 SF/Yr ($2,295 /Mo)

    Bright, airy creative office space with secure building and patio.

    Property size:
    6,885 SF
    Lot size:
    6,885 SF

    Property Features for 845 Brooks Ave

    General Information

    Size
    6,885 SF

    We can help!

    Listing Contact
    Aleks Trifunovic, Sior
    Source: Lee-associates

    Listing Agent: Aleks Trifunovic, Sior

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Renovated Creative Office Space

    The property at 845 Lincoln offers a beautifully renovated, bright, and airy creative office space. The building is designed for maximum privacy and features a functional security system. There is an excellent signage opportunity available. A large second-floor patio is included. 860 Brooks is an excellent addition to 845 Lincoln, suitable as an executive office, kitchen, or all-hands collaboration space. It features a full kitchen and restroom with modern finishes. Ample outdoor space is available for events, meetings, or additional parking. The property size is 6885 square feet.
    Location Intelligence

    Current Use by Public Records

    Creative space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Los Angeles
    State
    California
    Longitude
    -118.4634
    Latitude
    33.99847

    Nearby Similar for Lease

    • $8,750 /Mo
      1,634 SF

      Venice Creative Office/Live-Work Space

      Unique live/work space in vibrant Venice Beach near Abbot Kinney.
      215 Windward Ave, Venice, CA 90291
      View Details
    • $10,000 /Mo
      1,930 SF

      Venice Townhouse Near Abbot Kinney

      Chic, William Adams-designed townhouse near Abbot Kinney and the beach.
      1132 5Th Ave, Venice, CA 90291
      View Details
    • $6 SF/Yr
      23,994 SF

      Venice Boardwalk Work/Live Space

      Modern work/live space on Venice Boardwalk available for lease.
      305 Ocean Front Walk, Venice, CA 90291
      View Details
    • Contact for pricing
      6,253 SF

      Adaptable Commercial Space in Venice

      Modern office space with customizable floor plans and state-of-the-art amenities.
      1611 Electric Ave, Venice, CA
      View Details
    • $6 SF/Yr
      6,000 SF

      Creative Office Space Near Beach

      Furnished creative office space with high ceilings near Venice Beach.
      334 Sunset Ave, Venice, CA 90291
      View Details
    • Contact for pricing
      7,447 SF

      Abbot Kinney Retail Space

      Retail space with private entrance and on-site parking.
      1319 Abbot Kinney Blvd, Venice, CA
      View Details
    • $3 SF/Yr
      11,368 SF

      Creative Office Space with Access

      Creative office space with secure access and abundant natural light.
      1038 Princeton Dr, Venice, CA
      View Details
    • $6 SF/Yr
      3,240 SF

      Venice Office Space For Rent

      Versatile office space with skylights, new amenities, and electronic entry.
      41 Market St, Venice, CA
      View Details
    • $13 SF/Yr
      700 SF

      Venice Retail Space For Lease

      Retail space available in Venice, California with modern finishes.
      1636-1638 Abbot Kinney Blvd, Venice, CA
      View Details
    • Contact for pricing
      3,775 SF

      Venice Live/Work Space with Patio

      Three-story live/work space with rooftop patio in Venice, CA.
      1212 Abbot Kinney Blvd, Venice, CA
      View Details
    • $16,000,000
      11,773 SF

      Venice Coastal Creative Office Property

      Creative office property in a premiere Southern California coastal setting.
      2111 Narcissus Ct, Venice, CA
      View Details
    • $4 SF/Yr
      1,897 SF

      Creative Office or Work/Live Loft

      Creative office or work/live loft space available for rent.
      1201-1291 Electric Ave, Venice, CA
      View Details

    FAQs

    What type of property is this?
    Creative space - Bright, airy creative office space with secure building and patio.
    Where is this creative space located?
    The property is located at 845 Brooks Ave Venice, CA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Beautifully renovated, bright, and airy creative office space.; - Highly secure building with functional security system.; - Large second floor patio.
    (310) 753-0653
    Request Owner's contact information
    845 Brooks Ave Venice, CA 90012
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    845 Brooks Ave
    Venice, CA 90012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    845 Brooks Ave Venice, CA 90012
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Aleks Trifunovic, Sior
    (310) 753-0653
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.