1700 Lincoln Blvd, Los Angeles, CA 90291

Building Details

Year Built

1925

Listing office WESTMAC

Listing date Nov 12, 2024

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of WESTMAC

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Overview

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.

Suggested Use

Dental Office Auto Parts Store Nursing Home Nursing Home Grocery & Convenience Store Electrical Service Accounting Firm Barber Shop (Bike/Boat/Book/etc) Store Butcher

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

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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.