25,346 SF 2-story retail and office building.
9 retail on the ground floor approximately 1O,346 SF.
15,000 SF Offices on the 2nd floor.
2nd floor can be made available for an owner-user.
Lots of glass, abundant natural light, and private patios.
Built-in 1987/88.
28 ground-level retail parking spaces.
45 office parking spaces in the subterranean garage (subject to verification).
The lot size is approximately 23,880 SF.
Alleys in the rear and west sides of the building.
140’ of linear frontage on Venice Boulevard.
Zoning is Los Angeles City MU(EC) - Mixed Use (Exposition Corridor). Potential to build 86,098 SF of mixed-use development.
Located at the corner of Venice Boulevard and Motor Ave.
Walking distance to Downtown Culver City.
Great access to Public Transportation.
Price
$10,975,000
4.54 Cap Rate with upside due to 27.62% office vacancy.