25
See all 25 photos
$1,300,000
Est. payment /mo
3 Beds
3 Baths
1,898 SqFt
New
10872 Venice BLVD Culver City, CA 90232
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,898 sqft
Price per Sqft $684
MLS Listing ID 26829319
Bedrooms 3
HOA Y/N No
Year Built 1946
Lot Size 3,110 Sqft
Property Description
A mixed-use investment property ideally positioned on the high-visibility Venice Boulevard corridor in the heart of Culver City. This two-building asset delivers a compelling blend of commercial and residential income . Street-front retail flower shop anchors the front building, while a private duplex in the rear provides steady residential cash flow, together creating a well-rounded income stream that is ideal for the self-managing investor. The front building commands excellent visibility directly on Venice Boulevard, one of the West Side's most heavily traveled arterials. Currently operating as an established flower shop, the retail storefront benefits from strong daily foot and vehicle traffic, providing consistent commercial income. Behind it, the rear duplex offers two residential unit, a one-bedroom and a two-bedroom, set in a quiet, private environment, separated from the bustle of the street front and well-suited for long-term tenants.All three units are currently occupied and generating $7,400 per month in gross income, providing an incoming owner with immediate, stable returns from day one. Notably, the commercial tenant is currently on a month-to-month arrangement, presenting an early opportunity for a new owner to negotiate a fresh long-term lease, adding further stability and value to an already well-performing asset. Do not disturb Tenants Inside with accepted offers only.
Location
State CA
County Los Angeles
Area C28 - Culver City
Zoning CCC2YY
Interior
Fireplace No
Exterior
Parking Features Carport
Total Parking Spaces 2
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4208020047
Special Listing Condition Standard
Listed by Susan Lau Coldwell Banker Realty #01516710
NEARBY SCHOOL & BUSINESS