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OFF-MARKET
Retail properties & Spaces

1007 Ocean Front Walk Los Angeles, CA 90291

14,011 SF
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1007 & 1011 Ocean Front Walk in Venice, CA, presents a unique investment opportunity. Comprising two buildings totaling approximately 14,011 square feet on a 17,045 square foot lot, this property offers a blend of retail and office space, with a second-story area adaptable for creative office use. The buildings boast unobstructed ocean views and are situated on one of Southern California's most heavily trafficked streets, ensuring high visibility and access to a large consumer base (approximately 30,000 daily visitors to the Venice Beach Boardwalk). A rare feature in this densely populated area is the inclusion of on-site gated parking with 24 spaces. Building 1011, a fee simple property, features approximately 11,025 square feet, two stories, and a 627 square foot rooftop deck, built in 1921. Building 1007, a leasehold interest, offers approximately 2,986 square feet in a single-story structure built in 1987. The property's Walk Score is 95, reflecting its prime pedestrian location. Both buildings offer significant frontage on Ocean Front Walk (approximately 169 feet and 77 feet respectively). The property will be delivered vacant, allowing for complete customization to suit a variety of commercial or residential uses. APN numbers are 4226-003-004 & 4226-003-037. This is a truly remarkable opportunity to own a piece of iconic Venice Beach.

Property profile
Verified
Property type Retail properties & Spaces
Total area 14,011 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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