Corner Retail Building with
2030 - 2042 Venice Los Angeles, CA 90006
2030 - 2042 Venice, Los Angeles, CA, 90006
$1,700,000
For Sale
$1,700,000
Standalone retail building on a corner lot, currently operating five separately metered units under LAC1 zoning.
Lot Size0.21 Acres
Days on Market49
Property Features for 2030 - 2042 Venice
General Information
- Standard status
- Active
- Lot size
- 0.21 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1925
Listing agency
(866) 344-7473
Listed by
Surin Poommai · License #DRE #01354205
Source
Elliman
Added: Jun 4 Updated: Jul 21 at 8:36PM Checked: Jul 21 at 8:36PM
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 Surin Poommai
Investment Insights
Based on property information with market context.
The property is a standalone retail building on a corner lot with frontage on Venice Boulevard. It was originally configured as eight retail units with eight bathrooms, and it is currently operated as five units, each with separately metered electricity. Tenants are responsible for their own power usage.
The asset is zoned LAC1 and is offered with addresses 2030, 2032, 2034, 2038, and 2042. All five units are fully occupied with a mix of lease terms.
Current gross annual income is $78,600.00, with annual operating expenses approximately $11,908.00. The current unit configuration supports a value-add opportunity to reconfigure back toward the original eight-unit layout.
The asset is zoned LAC1 and is offered with addresses 2030, 2032, 2034, 2038, and 2042. All five units are fully occupied with a mix of lease terms.
Current gross annual income is $78,600.00, with annual operating expenses approximately $11,908.00. The current unit configuration supports a value-add opportunity to reconfigure back toward the original eight-unit layout.
Key Highlights
- Standalone retail building on a 9,292 sq. ft. corner lot with frontage on Venice Boulevard
- Built in 1925 and currently operating as 5 units (originally configured as 8 retail units)
- LAC1 zoning; addresses include 2030, 2032, 2034, 2038, and 2042
Property Analytics
Location Intelligence
Current Use by Public Records
Venice Cleaners
(Bike/Boat/Book/etc) Store
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FAQs
What type of property is this?
Storefront property - Standalone retail building on a corner lot, currently operating five separately metered units under LAC1 zoning.
Where is this storefront property located?
The property is located at 2030 - 2042 Venice Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Standalone retail building on a 9,292 sq. ft. corner lot with frontage on Venice Boulevard; Built in 1925 and currently operating as 5 units (originally configured as 8 retail units); LAC1 zoning; addresses include 2030, 2032, 2034, 2038, and 2042