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Mixed-Use | Retail/Residential 5766 Venice Blvd 3,400 SF 66% Leased Retail Building Los Angeles, CA 90019 $2,257,084 CAD ($663.85 CAD/SF) 3.97% Cap Rate



Investment Highlights
- Mixed-Use Property Consisting of Three (3) Units | Two (2) Retail Storefronts + 2bd+1bth House w/ Single Car Garage
- Back House Vacant | Immediate Potential Upside for New Owner
- Rare Mid-City Investment Opportunity | Perfect for Investor or Owner/User
- Potential for ADU Conversion
- Traffic Count of ±49,600 VPD (Vehicles Per Day)
- Cap Rate: Current 3.97% | Pro Forma 6.64%
Executive Summary
The Property:
5766 Venice Boulevard, Los Angeles, CA 90019, is a mixed-use property consisting of approximately ±3,400 SF of building on a ±3,796 SF lot. The asset comprises three units: two retail storefronts and a detached 2-bedroom, 1-bathroom house at the rear with a single-car garage. One of the two retail tenants lease expires in December of 2026, while the rear house sits vacant and ready for occupancy. The single-car garage presents an additional opportunity for an ADU conversion.
Positioned on a corner lot with access from both directions along Venice Boulevard—a key advantage for retail operators—the property enjoys strong visibility and exposure with a traffic count of ±49,600. All in all, this is an exceptional opportunity for an investor or an owner/user looking to occupy the rear house while generating rental income from the retail units.
*Per title, the building square footage is 2,490 SF.
Location:
5766 Venice Boulevard, Los Angeles, CA 90019, is strategically located in the heart of Mid-City, one of Los Angeles's most central and well-connected submarkets, offering tenants quick access to Culver City, Beverly Hills, Downtown LA, and the Westside via the nearby I-10 Freeway. The Venice Boulevard corridor draws steady daytime traffic and a healthy mix of national and local tenants, anchored by retailers such as the Living Spaces showroom just down the street and the nearby Midtown Shopping Center, reinforcing it as an established, high-visibility retail thoroughfare.
The surrounding Mid-City area carries a median household income of roughly $89,000, with a dense, infill character that supports consistent rental demand. Sitting at the intersection of established residential pockets and a busy commercial corridor, the property benefits from both a strong local consumer base and meaningful drive-by exposure. All in all, an investor is acquiring a well-positioned asset in a centrally located and steadily appreciating Los Angeles submarket.
5766 Venice Boulevard, Los Angeles, CA 90019, is a mixed-use property consisting of approximately ±3,400 SF of building on a ±3,796 SF lot. The asset comprises three units: two retail storefronts and a detached 2-bedroom, 1-bathroom house at the rear with a single-car garage. One of the two retail tenants lease expires in December of 2026, while the rear house sits vacant and ready for occupancy. The single-car garage presents an additional opportunity for an ADU conversion.
Positioned on a corner lot with access from both directions along Venice Boulevard—a key advantage for retail operators—the property enjoys strong visibility and exposure with a traffic count of ±49,600. All in all, this is an exceptional opportunity for an investor or an owner/user looking to occupy the rear house while generating rental income from the retail units.
*Per title, the building square footage is 2,490 SF.
Location:
5766 Venice Boulevard, Los Angeles, CA 90019, is strategically located in the heart of Mid-City, one of Los Angeles's most central and well-connected submarkets, offering tenants quick access to Culver City, Beverly Hills, Downtown LA, and the Westside via the nearby I-10 Freeway. The Venice Boulevard corridor draws steady daytime traffic and a healthy mix of national and local tenants, anchored by retailers such as the Living Spaces showroom just down the street and the nearby Midtown Shopping Center, reinforcing it as an established, high-visibility retail thoroughfare.
The surrounding Mid-City area carries a median household income of roughly $89,000, with a dense, infill character that supports consistent rental demand. Sitting at the intersection of established residential pockets and a busy commercial corridor, the property benefits from both a strong local consumer base and meaningful drive-by exposure. All in all, an investor is acquiring a well-positioned asset in a centrally located and steadily appreciating Los Angeles submarket.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,400 SF
Year Built/Renovated
1926/1956
Price
$2,257,084 CAD
Price Per SF
$663.85 CAD
Cap Rate
3.97%
NOI
$89,606 CAD
Percent Leased
66%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.90
Lot Size
0.09 AC
Zoning
LAC2
Frontage
41’ on Venice Boulevard
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Awning
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5064-021-008 | Improvements Assessment | $69,473 CAD |
| Land Assessment | $133,336 CAD | Total Assessment | $202,809 CAD |
Property Taxes
Parcel Number
5064-021-008
Land Assessment
$133,336 CAD
Improvements Assessment
$69,473 CAD
Total Assessment
$202,809 CAD
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Mixed-Use | Retail/Residential | 5766 Venice Blvd
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