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Prime Owner-User Retail/Flex/Creative Office 2059-2065 Venice Blvd 5,530 SF Retail Building Los Angeles, CA 90006 $6,890,700 CAD ($1,246.06 CAD/SF)
Investment Highlights
- Freestanding Commercial Property
- Includes Gated Parking Lot for ±27 Vehicles
- Close to DTLA With Strong Neighborhood Demographics
- Heavy Traffic Venice Blvd Location
- Retail, Office, Showroom, Medical, Creative Uses
Executive Summary
Major Properties proudly presents 2059-2065 Venice Blvd, a freestanding commercial retail/flex property located along the highly trafficked Venice Boulevard corridor in the heart of Los Angeles’ Koreatown/Mid-Wilshire submarket. The property consists of approximately 5,530 square feet situated on a 12,102 square foot lot and offers strong street visibility, gated on-site parking, and flexible LAC1 zoning suitable for a variety of retail, showroom, office, medical, and creative uses.
Strategically positioned near Downtown Los Angeles and major transportation corridors, the property benefits from dense surrounding demographics, strong daytime population, and approximately 43,000 vehicles per day along Venice Blvd. The offering presents an excellent opportunity for an owner-user, investor, or business seeking a highly visible commercial location within one of Los Angeles’ most active urban trade areas.
Strategically positioned near Downtown Los Angeles and major transportation corridors, the property benefits from dense surrounding demographics, strong daytime population, and approximately 43,000 vehicles per day along Venice Blvd. The offering presents an excellent opportunity for an owner-user, investor, or business seeking a highly visible commercial location within one of Los Angeles’ most active urban trade areas.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,530 SF
Building Class
C
Year Built
1947
Price
$6,890,700 CAD
Price Per SF
$1,246.06 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.28 AC
Zoning
LAC1-1VL-HPOZ-CPIO
Parking
27 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
108’ on Venice Blvd
Very walkable
80/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $447,522 CAD | |
| Land Assessment | $3,281,832 CAD | Total Assessment | $3,729,354 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$3,281,832 CAD
Improvements Assessment
$447,522 CAD
Total Assessment
$3,729,354 CAD
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Prime Owner-User Retail/Flex/Creative Office | 2059-2065 Venice Blvd
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