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5766 Venice Blvd
Los Angeles, CA 90019 Mid-City

$1,395,000 USD

Storefront For Sale  •  1,530 SF

Property Details

  • Property Type Storefront
  • Total Building Size 3,400 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1926
  • Tenancy Multiple
  • Zoning LAC2
70 Transit Score
80 Walk Score

Highlights

Mixed-Use Property Consisting of Three (3) Units | Two (2) Retail Storefronts + 2bd+1bth House w/ Single Car Garage
Potential for ADU Conversion
Back House Vacant | Immediate Potential Upside for New Owner
Traffic Count of ±49,600 VPD (Vehicles Per Day)
Rare Mid-City Investment Opportunity | Perfect for Investor or Owner/User
Cap Rate: Current 4.86% | Pro Forma 7.74%

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection
  • Awning

Public Transportation

Commuter RailDriveWalkDistance
15 min - 9.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 9.7 mi
AirportDriveWalkDistance
Los Angeles International 17 min - 8.3 mi
Bob Hope 28 min - 13.6 mi
Long Beach (Daugherty Field) 35 min - 24.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Elijah Suval 310-694-8854 Capital Bridge Real Estate Advisors-KW Commercial
Elijah Suval 310-694-8854 Capital Bridge Real Estate Advisors-KW Commercial