16
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$2,099,000
Est. payment /mo
1,589 SqFt
Pending
428 N LINCOLN Venice, CA 90291
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UPDATED:
06/25/2021 06:53 PM
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 1,589 sqft
Price per Sqft $1,320
MLS Listing ID 21-753268
Year Built 1949
Lot Size 3,518 Sqft
Property Description
Located in the heart of Venice Beach, California on the busiest blvd connecting Santa Monica to LAX sits this unique Commercial Real Estate opportunity. This property is situated perfectly for a wide variety of uses including retail, automotive, office, warehouse or the potential of a Restaurant. The building structure is 1,589 square feet that technically include 5 separate addresses for the potential of a multi-tenant investment. The plumbing, electrical, foundation and roof have been upgraded within the past few years. Skylights are placed throughout the main structure along with two legal bathrooms. Three Rollup Doors are throughout the structure including access to the rear alley for deliveries. Six legal parking spots. This property will be deliver vacant. Perfect for an owner/user or to lease out as an investment for steady returns. BONUS - Owner Is awaiting City Approval for digital billboard installation with signed licensing deal worth $50,000 per year.
Location
State CA
County Los Angeles
Area Venice
Zoning LAC2
Exterior
Garage Spaces 6.0
Others
Special Listing Condition Standard
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Listed by WE ARE REALTY INC