8727 Venice Blvd Los Angeles, CA 90034
- Investment properties
- 1,876 SF
- 0.06 lot acres
Current Use by Public Records
- HomeSmiles - Los Angeles / Property Maintenance
- Homer Cuts Beard OIL / Store
- TECTA associates - Los Angeles / Architecture Firm / Interior Designer
- Elephant Moving Company / Mover
- Green Mountain Moving & Storage / Moving And Storage Service
Property Details for 8727 Venice Blvd
- Year built
- 1923
- Construction
- WOOD
- Lot size
- 0.06 lot acres
- Property size
- 1,876 SF
- Zone code
- LAC2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 4312-004-009
- APU
- 4312004009
Description
This exceptional 2,416 square foot office building, located at 8727 Venice Blvd. in the vibrant Culver City submarket of West Los Angeles, presents a unique leasing opportunity. Built in 1923, this two-story Class B property offers a blend of executive and creative office space, perfect for a variety of businesses. The building features a total of 12 parking spaces, a significant advantage in this highly sought-after area. The property is currently fully vacant, offering immediate occupancy for a single tenant or the possibility of dividing the space. Individual suites range from a minimum of 535 square feet to a maximum contiguous space of 1,331 square feet, providing flexibility for businesses of various sizes. The building is served by DWP power and does not include elevators. The property is zoned LAC2 and is conveniently located near Halms Avenue in Los Angeles County, California, zip code 90034. This is a rare chance to secure a well-located, adaptable office space in a thriving West Los Angeles neighborhood. The property's unique character and flexible layout make it an ideal choice for companies seeking a distinctive and functional workspace. Don't miss this opportunity to establish your business in this dynamic and desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,630,000
- 6.5%
- $1,510,000
- 7%
- $1,395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,645,000
- Geo Method
- $1,390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,620,000
- Retail
- $1,770,000
- Mixed-Use
- $1,630,000
- Hospitality
- $1,360,000
- Educational
- $1,325,000
- Residential Income
- $1,360,000
- Energy
- $1,395,000
- Income-Based Land
- $1,730,000
- Food Service
- $1,360,000
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.383
- Latitude
- 34.0326
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA