428 N LINCOLN Venice, CA $ 2,099,000
428 N LINCOLN
$ 2,099,000
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428 N LINCOLN

Venice, CA, 90291
$ 2,099,000
Baths0.0 Sq 1,589

Monthly Estimate*

$ 14,662

Listed by WE ARE REALTY INC
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Studio

Commercial Property for sale in Venice, CA

for $2,099,000. This 1,589 square foot building was built in 1949 on a lot size of 0.0808.

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.

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Commercial Pending

Price

$ 2,099,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.0808

Year Built

1949

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

21753268

Days on Market

1,043

Features
General
Zoning LAC2
HOA 0.0
Year Built 1949
County Los Angeles
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions -
City Venice
View Y/N N
Senior Community Y/N N
Open Parking Spaces 6.0
Total Units 5
MLS Area C11 - Venice
Lot Size Square Feet 3518.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name LINCOLN
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Standard Status Pending
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Exterior
Total Parking 6.0
Lot Size Area 3518.0
Spa N
Building Area Total 1589.0
Lot Size Acres 0.0808
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 428
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* Excluded Features
List By
We Are Realty Inc

Broker

(310) 363-0452

Phone

Affordability Calculator

$14,662
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,662
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2023$2,099,000 Listed Price

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428 N LINCOLN, Venice, CA, 90291 is a Commercial Property for sale at $2,099,000 with 1,589 sqft and a lot size of 0.0808. 428 N LINCOLN is a studio with 0.0 baths and was built in 1949. The property's zip code is 90291 which is in Venice, CA