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1700 Lincoln Blvd Los Angeles, CA 90291

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Mixed-use property in Venice with retail and residential units.

Type:Mixed Use, Retail
Property size:
8,192 SF
Price / SF:
$714/SF
Added:
Nov 12, 2024
Days on Market:
525
Last Refresh:
Mar 17 at 1:14 pm

Property Features for 1700 Lincoln Blvd

General Information

Standard status
Active
Size
8,192 SF
Property subtype
Mixed Use, Retail

Building Details

Year Built
1925

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Listing Contact
T.C. Macker

Listing agent T.C. Macker License #CA 01232033

Listing office WESTMAC

Listing date Nov 12, 2024

Source Crexi

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 WESTMAC


Overview

Venice Mixed-Use Investment Opportunity

Located on Lincoln Boulevard, at the corner of Nowita Place, the mixed-use property at 1700-1702 Lincoln Boulevard features three ground-floor retail units and four apartments on the second floor. The property is currently 60% occupied. One of the retail spaces is occupied by Companion, a cafe serving coffee, pastries, pizza, and wine. The other retail spaces are currently vacant. All four apartment units are occupied; there are two two-bedroom apartments and two one-bedroom apartments. Three of the units have outdoor space. The property includes 14 parking spaces in the rear of the building. Situated in Venice, the property is located on Lincoln Boulevard, north of Venice Boulevard, an area known for cafes, boutiques, and restaurants. The surrounding area has a high average household income of over $150,000 within a one-mile radius. The property is less than 30 minutes from LAX, and Venice’s Abbot Kinney Boulevard is less than a mile away. The building size is 8,192 square feet.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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
-118.45798
Latitude
33.99682

FAQs

What type of property is this?
Mixed-use property - Mixed-use property in Venice with retail and residential units.
Where is this mixed-use property located?
The property is located at 1700 Lincoln Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,850,000.
What are key features of this property?
This property features: Prime Venice location on Lincoln Boulevard, near Venice Boulevard, with high foot traffic and desirable amenities.; Mixed‑use building with ground floor retail and four apartments, offering diverse income streams.; High‑income demographic area with an average household income exceeding $150,000 within a one‑mile radius.
More about this property
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