724 Lincoln Blvd Los Angeles, CA 90291
This exceptional two-story, 4,917 square foot building presents a rare owner-user investment opportunity in the heart of Venice, CA. Built in 2008 and renovated in 2021, this Class B property boasts a highly desirable live/work configuration, perfect for a creative business or individual seeking a unique blend of workspace and living quarters. The ground floor features a spacious showroom or office area with a striking 38-foot window line, ceramic tile flooring, restrooms with showers, ample storage, and convenient front and rear alley access. The second floor comprises two suites, easily combined into one, each equipped with kitchens and restrooms including showers. The property sits on a 3,501 square foot lot and includes four parking spaces. Its C2-1 zoning allows for versatile use. Located in a world-renowned area with strong demographics, this property offers unparalleled visibility and signage potential. Enjoy easy access to Abbot Kinney Boulevard, Santa Monica, Marina del Rey, and Playa Vista, along with nearby restaurants, grocery stores, and numerous other amenities. A dedicated 24/7 HVAC system ensures year-round comfort. Asking price is $3,350,000 ($681.31/sq ft). This is a truly unique opportunity to own a highly visible and functional property in one of Los Angeles' most sought-after neighborhoods.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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