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10853-10855 Venice Blvd 5,233 SF 100% Leased Retail Building Los Angeles, CA 90034 $4,855,900 CAD ($927.94 CAD/SF)



EXECUTIVE SUMMARY
10853–10855 Venice Boulevard is a rare dual-structure commercial opportunity located along one of Los Angeles’ most heavily traveled Westside corridors, bridging Palms, Culver City, and Mar Vista. Positioned on a 7,200 SF C2-zoned lot, the property features two freestanding buildings totaling approximately 5,233 SF, offering exceptional visibility, access, and long-term flexibility in a high-barrier submarket.
The front retail building is currently occupied by the owner-user and will be delivered vacant at close of escrow, providing immediate occupancy for an owner-user or the ability to reposition at market rents. The existing business is also available for sale, creating a turnkey or value-add opportunity. The rear structure is leased to a tenant on a month-to-month basis, generating approximately $7,500 per month in rental income, offering immediate in-place cash flow with flexibility for future redevelopment or repositioning.
This versatile configuration allows an owner-user to occupy one building while offsetting costs with rental income, or enables an investor to stabilize both structures across multiple use categories. C2 zoning supports a wide range of uses including retail, restaurant, creative office, studio, light industrial, showroom, and warehouse applications.
Located less than two miles from Downtown Culver City, Sony Pictures Studios, and the Metro E-Line, the property benefits from strong tenant demand driven by the surrounding creative, tech, and entertainment ecosystem. With continued revitalization along Venice Boulevard, this asset presents a compelling blend of vacant-delivery optionality, stable income, and long-term upside in one of Los Angeles’ most resilient commercial corridors.
The front retail building is currently occupied by the owner-user and will be delivered vacant at close of escrow, providing immediate occupancy for an owner-user or the ability to reposition at market rents. The existing business is also available for sale, creating a turnkey or value-add opportunity. The rear structure is leased to a tenant on a month-to-month basis, generating approximately $7,500 per month in rental income, offering immediate in-place cash flow with flexibility for future redevelopment or repositioning.
This versatile configuration allows an owner-user to occupy one building while offsetting costs with rental income, or enables an investor to stabilize both structures across multiple use categories. C2 zoning supports a wide range of uses including retail, restaurant, creative office, studio, light industrial, showroom, and warehouse applications.
Located less than two miles from Downtown Culver City, Sony Pictures Studios, and the Metro E-Line, the property benefits from strong tenant demand driven by the surrounding creative, tech, and entertainment ecosystem. With continued revitalization along Venice Boulevard, this asset presents a compelling blend of vacant-delivery optionality, stable income, and long-term upside in one of Los Angeles’ most resilient commercial corridors.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$124,866
|
$43.06
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$124,866
|
$43.06
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $124,866 |
| Annual Per SF | $43.06 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $124,866 |
| Annual Per SF | $43.06 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,233 SF
Building Class
C
Year Built
1985
Price
$4,855,900 CAD
Price Per SF
$927.94 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.75
Lot Size
0.16 AC
Zoning
LAC2 - Commercial District
Parking
6 Spaces (1.15 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4252-026-017 | Improvements Assessment | $688,562 CAD |
| Land Assessment | $3,978,377 CAD | Total Assessment | $4,666,939 CAD |
PROPERTY TAXES
Parcel Number
4252-026-017
Land Assessment
$3,978,377 CAD
Improvements Assessment
$688,562 CAD
Total Assessment
$4,666,939 CAD
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10853-10855 Venice Blvd
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