428 N LINCOLN Pending

Venice (los Angeles),CA 90291

$ 2099000

- Bed

0 Bath

1589 SqFt


Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Pending

Purchase Type For Sale

Square Footage 1,589 sqft

Price per Sqft $1,320

MLS Listing ID CL21753268

HOA Y/N No

Year Built 1949

Lot Size 3,518 Sqft

Acres 0.08

Property Description

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.

Location

State CA

County Los Angeles

Area Listing

Zoning LAC2

Interior

Fireplace No

Exterior

Total Parking Spaces 6

Building

New Construction No

Others

Tax ID 4243018008

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