Investor Opportunity – Prime Development & Value-Add Asset
Exceptional investment opportunity to reposition and maximize the land value of a 9,292 sq. ft. lot featuring a standalone retail building with frontage on Venice Boulevard. This high-visibility corner property benefits from strong street exposure and convenient access, located in a high-traffic area with excellent long-term growth potential.
The property is zoned LAC1 and was originally configured as eight (8) retail units with eight (8) bathrooms. It is currently operated as five (5) units, offering a value-add opportunity to reconfigure back to the original eight-unit layout. All five units are fully occupied with a mix of lease terms. The property includes addresses 2030, 2032, 2034, 2038, and 2042.
The current gross annual income is $ 78,600.00. Operating expenses are minimal, with annual expenses approximately $ 11,908.00. Each unit is separately metered for electricity, with tenants responsible for their own power usage.
- Listing Status: Active
- Listing Agent: Surin Poommai
(lic# 01354205)
of Southland
- Listing Office: Rise Realty
(lic# 01957687)
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Based on information from CRISNet MLS as of 6th November 2026 at 12:38pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
