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10400-10410 Venice Blvd 7,371 SF 100% Leased Retail Building Culver City, CA 90232 $9,468,068 CAD ($1,284.50 CAD/SF) 5.01% Cap Rate



Investment Highlights
- Fully leased retail center with five tenants and one billboard tenant, all with long-term occupancy history.
- 15 on-site striped parking spaces with excellent ingress and egress.
- Located in Culver City, a thriving hub for entertainment, technology, and creative industries with strong demographics.
- Approximately 127 feet of Venice Boulevard frontage and 50 feet of Motor Avenue frontage at a signalized intersection.
- High traffic counts exceeding 59,000 cars per day in a dense, walkable trade area.
Executive Summary
This offering presents a rare opportunity to acquire a multi-tenant retail property in the heart of Culver City, one of Los Angeles’ most dynamic and rapidly evolving submarkets. The property spans approximately 7,341 square feet on a 13,839-square-foot parcel and is currently 100% occupied by five long-standing tenants and one billboard tenant. All tenants have operated at this location for over 15 years, providing stable income and consistent performance. The asset generates a current NOI of $347,034.66, reflecting a 5.01% cap rate at the asking price of $6,925,000.
Located at the signalized intersection of Venice Boulevard and Motor Avenue, the property benefits from exceptional visibility with approximately 127 feet of frontage along Venice Boulevard and 50 feet along Motor Avenue. The site includes 15 striped parking spaces and offers excellent ingress and egress. Positioned in a high-traffic corridor with over 59,000 cars per day at Overland & Venice and 54,000 cars per day at Motor & Venice, the property ensures strong exposure for tenants.
This pride-of-ownership asset offers long-term redevelopment potential while delivering immediate income stability. With proximity to major employers, entertainment studios, and transit connections, this property is ideally suited for investors seeking a secure, income-producing asset in a premier Westside location.
Located at the signalized intersection of Venice Boulevard and Motor Avenue, the property benefits from exceptional visibility with approximately 127 feet of frontage along Venice Boulevard and 50 feet along Motor Avenue. The site includes 15 striped parking spaces and offers excellent ingress and egress. Positioned in a high-traffic corridor with over 59,000 cars per day at Overland & Venice and 54,000 cars per day at Motor & Venice, the property ensures strong exposure for tenants.
This pride-of-ownership asset offers long-term redevelopment potential while delivering immediate income stability. With proximity to major employers, entertainment studios, and transit connections, this property is ideally suited for investors seeking a secure, income-producing asset in a premier Westside location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,371 SF
Building Class
C
Year Built
1979
Price
$9,468,068 CAD
Price Per SF
$1,284.50 CAD
Cap Rate
5.01%
NOI
$474,476 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.32 AC
Zoning
LAC2 - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
15 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 4208-007-030 | Improvements Assessment | $1,576,046 CAD |
| Land Assessment | $1,576,046 CAD | Total Assessment | $3,152,091 CAD |
Property Taxes
Parcel Number
4208-007-030
Land Assessment
$1,576,046 CAD
Improvements Assessment
$1,576,046 CAD
Total Assessment
$3,152,091 CAD
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10400-10410 Venice Blvd
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