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Property profile & analytics
FOR SALE
Mixed-use properties

110 Mildred Ave Los Angeles, CA 90291

11,408 SF Built 1923
Property ID
US09-Q026837
Property summary
AI-generated overview

WESTMAC Commercial Brokerage Company is pleased to present the unique opportunity to acquire 110 Mildred Avenue in Venice, California. The property is ±11,408 square feet of building on ±6,832 square feet of land. The property was previously the Venice News building. More recently, it was the home and studio of the artist Billy Al Bengston, a legendary figure in the Venice arts scene. The property is primarily residential with abundant storage. The space provides an opportunity for an owner-user or investor to own a piece of Venice history. Situated just one-block from the world-renowned Venice Boardwalk and the historical Venice canals, the property has excellent visibility. The building is located on the corner of Mildred Avenue and Pacific Avenue, an intersection bustling with cars and pedestrians alike. The area has a Walk Score of 96 (Walker’s Paradise) and a Bike Score of 99 (Biker’s Paradise). Additionally, the property is one block east of Venice’s most iconic and major tourist attractions, including Venice Beach, Venice Boardwalk, and Muscle Beach. Another wildly popular tourist destination, Santa Monica, borders Venice to the north. The Los Angeles International Airport is less than 30 minutes away. 110 Mildred is walking distance to dozens of restaurants, shops, and services, including Great White, Eggslut, Jeni’s Ice Creams, and Hama Sushi, all of which sit in the shadow of the Venice Sign, plus Hotel Erwin, Gjusta Grocer, Mollusk Surf Shop, Venice Market, Tocaya Modern Mexican, and many others just a few minutes away. Less than a five-minute walk from the property, along the Venice Beach Boardwalk, are beachside neighborhood hot spots: Seaside Burgers, Monkees, Heidi Food, and Belles Beach House. Venice’s famous Abbot Kinney Boulevard is a half mile from the property. This is an excellent opportunity to purchase prime corner real estate in one of Southern California’s most visited locales, and one of the most vibrant commercial and residential markets in the country.

Property profile
Verified
Property type Mixed-use properties
Year built 1923
Total area 11,408 SF
UPID US09-Q026837
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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