10211 / 10213 Venice boulevard
los angeles, CA 90034
Daniel Hirth and Benjamin Spinner are pleased to present for sale 10211 Venice Boulevard, Los Angeles. This property is a newly renovated mixed-use two-story building featuring class A office space on the first floor/mezzanine and two beautifully redone apartment units on the second floor with no expense spared. The owner has spent over $1,000,000 in a full renovation down to the studs, brand new flooring, high end finishes, updated bathrooms, new plumbing and electrical. The building has truly been renovated from top to bottom with no expenses spared. The first floor and mezzanine are comprised of 19 individual office spaces ranging in size from approximately 100 SF to 250 SF. In addition, there is ample open space for meeting, a kitchen and waiting room. The second floor consists of two apartment units that are currently being leased with a combined income of $7,945 monthly. The parking area directly in front of the property is city-owned however, five (5) parking spaces are designated for the subject property. This building is a great opportunity for an owner/user to occupy the first floor for their business while collecting income from the apartments to offset their mortgage. In addition, an investor can take advantage of the need for private office spaces due to Covid-19 and lease out each office individually.
Set on one of Los Angeles’ major thoroughfare, separate Palms and Downtown Culver City, 10211 Venice Boulevard is walking distance to a unique blend of local retail, and community serving uses featuring unique coffee shops, restaurants, historical movie studios, salons and spas, bike shops and other vital business. Strategically located in prime West Los Angeles, this is a truly irreplaceable location as the property boasts a high traffic and foot count with a Walk Score of 93 “Walkers Paradise” and a Bike Score of 80- “Very Bikeable”.
*Per title report, title shows 5,060 SF of building. Buyer/Buyer’s Broker to do own due diligence and verify with the city of Los Angeles.