2010 Lincoln Blvd
Venice, CA 90291
INCREDIBLE VALUE FOR VENICE INVESTMENT PROPERTY - PARK YOUR CASH FOR A 7.
Sales Price $2,875,000
Beds
0
Baths
4
Home Size
3535 Sq. Ft.
Lot Size
3500 Sq. Ft.
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INCREDIBLE VALUE FOR VENICE INVESTMENT PROPERTY - PARK YOUR CASH FOR A 7.
5% CAP IN THIS TURNKEY, MODERN + NEWLY RENOVATED RETAIL/OFFICE MIXED-USE BUILDING! This premier opportunity is a full NNN property - no expenses, and low maintenance in one of the best locations in the hub of one of the best Venice corridors, and one of the most well-known streets in Los Angeles! This building is perfect for an owner/user or as a high-return investment opportunity. Endless options are here in this well-maintained building completely remodeled in 2014, has 5 parking spaces, and offers you the perfect property for your 1031 exchange and passive income investors. With excellent frontage, this property comprises 3,603 sqft divided into 3 retail spaces and 1 office/artist loft. The entire bottom floor consists of 3 ground floor retail spaces ranging between an estimated 660 to 768 sqft, with the entire ground floor (all 3 units) rented to a well-known local favorite pet store. The entire bottom floor space has been thoughtfully curated and is a perfectly cohesive space yet can easily be turned back into three separate spaces. Two bathrooms on the ground level and plenty of storage. Move upstairs to a fabulous designer-done office space that makes up the entire second floor. This open-concept space offers a kitchen, two bathrooms, and a conference room. Enjoy a fabulous expansive roof deck patio, with a beautiful trellis that encapsulates the space and gives an indoor/outdoor flow truly the perfect space! Located on "The Linc" you are in one of the most well-desired parts of the Lincoln Corridor. You are surrounded by amazing boutique shops, restaurants, and a quick walk to the new Venice West live music venue. Situated in a high-traffic area, within a mile of Abbot Kinney and the beach, this is one of a kind and not one to be missed! **See attached package for Rent Roll & Lease Info**
Highlights
- 133 days on market
- Built in 1950
- Total parking spaces 5Car
- Driveway, Uncovered, Assigned, Garage - 2 Car
- Community | Venice
- MLS# | 23-232223
Features
- Air Conditioning, Central Cooling
- Central Heat
- Hardwood Floors, Cement Floors
Explore Venice, CA
Perched right on the Pacific Ocean, this tight-knit community is a cultural hub, well known for its eccentricities and its beauty.
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