$1,700,000
( $393.88Per Sq Foot )
 $9,126 est/mo Sourced by Back At You

2030 - 2042 Venice,Los Angeles, CA 90006

Los Angeles, CA 90006

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Description

Investor Opportunity - Prime Development & Value-Add Asset Exceptional investment opportunity to reposition and maximize the land value of a 9,292 sq. ft. lot featuring a standalone retail building with frontage on Venice Boulevard. This high-visibility corner property benefits from strong street exposure and convenient access, located in a high-traffic area with excellent long-term growth potential. The property is zoned LAC1 and was originally configured as eight (8) retail units with eight (8) bathrooms. It is currently operated as five (5) units, offering a value-add opportunity to reconfigure back to the original eight-unit layout. All five units are fully occupied with a mix of lease terms. The property includes addresses 2030, 2032, 2034, 2038, and 2042. The current gross annual income is $ 78,600.00. Operating expenses are minimal, with annual expenses approximately $ 11,908.00. Each unit is separately metered for electricity, with tenants responsible for their own power usage.

Details

MLS #SR26091212
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1925
Days On Site129
Listing Provided ByRise Realty | Surin Poommai

Features

SQ Feet4,316
Story(s)1
Units5
Acreage0.21

Exterior

Lot FeaturesTwo To Five Units Acre, Corner Lot, Level

Utilities

ElectricElectricity On Property, Standard

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC16 Mid Los Angeles
Listing VS Median (in 90006)
Price:
$1,700,000
low | high
Med:
$1,387,500
68.382352941176% of Average
sqft:
4,316
low | high
Med:
3,311
73.285449490269% of Average
$ / sqft:
$394
low | high
Med:
$454
34.776934029426% of Average
On site:
129
low | high
Med:
126.5
100% of Average
Sourced by Back At You

Market Activity 90006

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC16 Mid Los Angeles
Listing VS Median (in 90006)
Price:
$1,700,000
low | high
Med:
$1,387,500
68.382352941176% of Average
sqft:
4,316
low | high
Med:
3,311
73.285449490269% of Average
$ / sqft:
$394
low | high
Med:
$454
34.776934029426% of Average
On site:
129
low | high
Med:
126.5
100% of Average
Sourced by Back At You
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Price: $1.275M - $2.125M
sqft: 3,000 - 5,000
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Listing Updated: August 21, 2026 at 11:03:04 PM PDT