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12513-12515 Venice Blvd
Los Angeles, CA 90066 Mar Vista

$4,150,000 USD

Storefront For Sale • 5,356 SF

Property Details

Property Type Storefront
Total Building Size 5,356 SF
Lot Size 0.13 AC
Building Class C
Year Built 1924
Cap Rate 4.54 %
Tenancy Multiple
Zoning C2, Los Angeles

49 Transit Score

90 Walk Score

                
                    Highlights
                
                                ±7.10% Cap Rate based upon market rates and lease terms 
                            
                                Opportunity to convert month-to-month modified gross leases to NNN, increasing NOI
                            
                                Two retail units totaling ±5,356 SF with separate APNs
                            
                                Flexible mixed-use layouts: retail, office, and large 1-bedroom unit
                            
                                Individually metered utilities with central HVAC and large private rear outdoor spaces
                            
                                Additional revenue stream generated through the billboard current leased to CBS

Financial Summary (Actual)

Net Operating Income: $188,448 USD (2026)

Cap Rate:	4.54 %
Total Expenses:	$68,364 USD

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	13 min	-	7.1 mi
Bob Hope	34 min	-	22.8 mi
Long Beach (Daugherty Field)	33 min	-	24.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Raymond A. Rodriguez IV Lucrum Real Estate Group | Equity Union

12513-12515 Venice Blvd Los Angeles, CA 90066 Mar Vista