8642 Venice Boulevard
Los Angeles, CA, 90034 $ 1,650,000
Baths0.0 Monthly Estimate*
$ 11,526
Studio
for $1,650,000. This building was built in 1970 on a lot size of 0.061983.
Extremely Versatile Office Building with Studio Apartment and Approved Plans LOCATION LOCATION LOCATION Exceptionally Unique Office Building with Optional Approved Plans for Future Development! Ideally located in an extremely-sought after area just moments from I-10, this approximately 1,914sqft building and 2,730sfqt lot affords excellent visibility with a high traffic count of roughly 100,000 vehicles. Can paint logo or branding on side of the building. (Venice Blvd and La Cienega Blvd- 2-mile radius). Perfect for an investor and/or owner occupant, the two-story building includes approximately 910sqft of office space on each floor, as well as an attached studio apartment. Before exploring the interior, venture to the rear of the building to find a gated parking lot with plenty of paved spaces for both employee parking and personal use. Offering a welcoming aesthetic, the property delights with a desirable corner lot, convenient sidewalks, a classic stucco exterior, and an inviting front door. Step inside to discover a main-level with an openly flowing layout, ample light, neutral paint hues, and a half bath. Head upstairs to review the second-floor with tons of natural light and a sprawling area for communal workspace. Nestled in the back of the building, the studio apartment presents a unique opportunity for an owner occupant to enjoy excellent work/life balance. Ready for new imagination and upgrades, the studio apartment features an open concept kitchen, sizeable living/bedroom area, track lighting, and a full bathroom with a shower. For those seeking a modern edge and uber-chic vibes, the new approved plans ensure fresh possibilities with three floors of cutting-edge office space, employee lounges, and an uncovered rooftop deck. Boasting covered parking for 3+ vehicles, the first-floor has three offices, a gender-neutral bathroom, and a storage closet. The second-floor impresses with five offices, a covered patio, two gender neutral bathrooms, server area, two closets, and a mechanical room. Finally, the third floor dazzles with two offices, supply closet, employee lounge, and an uncovered deck. As a bonus this property is only minutes from restaurants, shopping, cafes, LAX, Union Station Commuter Rail, and Sony Pictures Studios. Get all the advantages of this rarely-available property, and start living your entrepreneurial dreams today. Call now to schedule your private showing!Can be delivered Vacant.Broker & broker's agents do not guarantee accuracy square footage or other information concerning conditions or features of the property. Buyer is advised to independently verify accuracy of all info through personal inspection & with appropriate
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FeaturesGeneralZoning LAC2
Construction Materials Block
Year Built 1970
Electric Standard
Property SubType Multi Family
County Los Angeles
Property Type F
Status Active
City Los Angeles
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 0.0
Street Name Venice
Standard Status Active
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ExteriorLot Features Corner Lot
Water Source Public
Lot Size Area 2730.0
Lot Dimensions 30x90
Lot Size Acres 0.0
Land Lease Type Fee
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InteriorTotal Stories 2
Air Conditioning Y/N Yes
Heating Y/N No
Street Suffix Boulevard
Entry Level 1
Total Baths 0
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* Excluded FeaturesList ByLawrence MoreraListing Agent
Blue Cascade Real Estate GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $11,526
- Monthly Property Taxes
- --
- Monthly 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.
Learn more about how to save NearbyCommerical listings in Los Angeles, CA
Average List Price $2,235,760
Percent of Sale Price 36%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/26/2024 | $1,650,000 | -10.81% | Price Down |
4/22/2024 | $1,850,000 | | Listed Price |