$2,099,000

428 N LINCOLN, Venice (los Angeles), CA 90291

1,589 sqft

Commercial Property
Built in 1949
3,485sqft lot
—— car garage
$1,321/sqft
Listed 4 years ago

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.

Listing Status:: Pending
Date Added:: June 25, 2021 at 05:00AM
Listing Office:: WE ARE REALTY INC : 310-363-0452
Listing Agent:: Robert Crawford : 310-363-0452
MLS ID:: CL21753268

County: Los Angeles

Zoning: LAC24243018008

This listing courtesy of Robert Crawford, WE ARE REALTY INC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Broadway Elementary School

1015 Lincoln Blvd, Venice, CA, 90291

Grades KG-5

0.30 miles away

Mark Twain Middle School

2224 Walgrove Ave, Los Angeles, CA, 90066

Grades 6-8

1.02 miles away

Venice High School

13000 Venice Blvd, Los Angeles, CA, 90066

Grades 9-12

1.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.