215 Windward Ave Los Angeles, CA 90291
This exceptional 1,634-square-foot creative office building in Los Angeles' vibrant Venice Beach presents a unique investment opportunity. Located at 215 Windward Ave, 90291, this single-story, 1905-built structure sits on a street-to-alley lot, offering ample parking (approximately four cars). The property boasts 60 feet of prominent street frontage, ideal for signage and maximizing visibility. Currently zoned C2, it allows for a variety of commercial and residential uses, making it perfect for owner-users seeking a live/work space or investors looking for flexible options. The building features soaring skylit ceilings, abundant natural light, and a modern open floor plan. Interior space includes three spacious bedrooms, a recently remodeled kitchen, and two bathrooms. Additional storage is available in a separate storage room and a large crawlspace. The property's prime location near Abbott Kinney Boulevard, Rose Corridor, and Main Street, along with its proximity to the beach, Marina del Rey, Santa Monica, and LAX, provides unparalleled access to amenities and transportation. The asking price is $2,700,000, with a price per square foot of $1,652.39. Occupancy is available April 10, 2024. Given its current residential permitting, SBA financing may be available depending on the intended use. This presents a rare opportunity to acquire a trophy property in a highly sought-after location.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.