428 North Lincoln Venice, CA ^$ 2,099,000

428 North Lincoln

^$ 2,099,000

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428 North Lincoln

Venice, CA, 90291

^$ 2,099,000

Studio Baths0.0

Monthly Estimate*

^$ 14,662

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Studio

Commercial Property for sale in Venice, CA

for $2,099,000. This building was built in 1949.

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.

Commercial Pending

Price

^$ 2,099,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1949

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0021753268

Features

General

Zoning LAC2

Year Built 1949

County Los Angeles

Property Type F

Status Pending

City Venice

MLS Area C11 - Venice

Lot Size Square Feet 0.0

Street Name LINCOLN

Standard Status Pending

Exterior

Lot Size Area 3518.0

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Total Baths 0

* Excluded Features

List By

Robert Crawford

Listing Agent

We Are Realty Inc

Broker

Affordability Calculator

$14,662

Per Month

Monthly Principal & Interest: $14,662
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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

Trends
Schools

Commerical listings in Venice, CA

Average List Price ^$1,812,650

Percent of Sale Price 14%

About Venice, CA

29,124 Population

-6% Since 2002

^$89,009 Median Income

41.51 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/25/2023	$2,099,000		Listed Price

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428 North Lincoln, Venice, CA, 90291 is a Commercial Property for sale at $2,099,000. 428 North 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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428 North Lincoln

Commercial Property for sale in Venice, CA

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