CA > Los Angeles
Los Angeles, CA 90066,12900 Venice Blvd
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Los Angeles, CA 90066,12900 Venice Blvd
Los Angeles, CA 90066,12900 Venice Blvd
Los Angeles, CA 90066,12900 Venice Blvd
Los Angeles, CA 90066,12900 Venice Blvd
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Jacinta Martinez

Jacinta Martinez

+1(678) 656-0167
$ 4,495,000
Est. payment /mo
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Active

12900 Venice Blvd Los Angeles, CA 90066

4,350 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Combo - Res & Com

Listing Status Active

Purchase Type For Sale

Square Footage 4,350 sqft

Price per Sqft $1,033

MLS Listing ID 25549997

Year Built 1955

Lot Size 5,407 Sqft

Acres 0.1241

Property Sub-Type Combo - Res & Com

Property Description

We are thrilled to present this exceptional opportunity in the heart of Mar Vista, located on the corner of one of West LA's most rapidly appreciating submarkets. This trophy property along the vibrant Venice Boulevard corridor offers a rare combination of value add potential with 50% upside in rents, or an exciting owner user restaurant or retail re-development, in a high-barrier-to-entry market. Currently, the properties are all leased to one family on an an absolute triple net basis. Tenant pays rent and all expenses, including repairs & maintenance, property taxes and insurance. One family member runs the market, another runs the cafe', and another lives in the apartment unit. The lease matures in July 2026 for all properties. Current rents are approximately 50% below market, which translates to big opportunity for the next owner. Great options for a new owner to: 1. Purchase, invest in interiors, and lease at market rents, or 2. Enlarge Cafe to over 2,600 sq. ft. by combining with attached unit & keep market free standing, or 3. Combine all three uses for over 4,300 sq ft of restaurant, retail or mixed-use space! Venice Blvd has over 47,000 cars per day passing by this location, great trendy restaurants and night life already exist on this intersection. First time on market in over 25 years! This is an exciting opportunity with strong upside, and can support flexible business plans for the properties.

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAC2

Interior

Heating Baseboard, Central, Electric, Natural Gas

Laundry In Closet

Exterior

Garage Spaces 6.0

Roof Type Flat, Mansard

Building

Story 1

Water District

Structure Type Stucco

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Hilton & Hyland
agent

Jacinta Martinez

Agent | License ID: 406100

+1(678) 656-0167

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12900 Venice Blvd