116 WASHINGTON Boulevard, Venice, CA 90292
Commercial property
Sold September 2020
Listing Agent: Mark Gallandt (DRE #01913813) · Listing Office: Keller Williams Silicon Beach · Contact: 310-305-8333 · Bought with: Mark Gallandt · Keller Williams Silicon Beach · MLS #20588634 · Source: CRMLS
How this sale compares
116 WASHINGTON Boulevard sold for $1,350,000 in September 2020, 31% under its $1,949,000 list price, after 72 days on the market. It was first listed at $2,195,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
About this commercial property
With some of the highest drive by counts & pedestrian foot traffic in So Cal, this trophy commercial development opportunity is located next to the iconic Venice Pier and Boardwalk. Surrounded by the ultra-hip influencers & uber-luxury lifestyle, with the trendiest shopping, restaurants & night life, this C4-zoned property allows a qualified investor-developer with an unprecedented opportunity to design-build their dream project, in the heart of Silicon Beach. Be surrounded among Google, YouTube, SnapChat, Electronic Arts & many advertising, high-tech, digital media, marketing companies minutes away, the ability to build multiple levels for various tenants offering stunning ocean views, with the convenience of existing public parking, gives an investor-developer even more flexibility with design concept, development & long-term investment potential of a modern, state-of-the-art multi-tenant commercial project steps from LAX, Loyola Marymount, SoFi Stadium, downtown LA and Santa Monica
Listing description from the September 2020 sale, as reported to CRMLS.
Sale history
Questions about 116 WASHINGTON Boulevard
When did 116 WASHINGTON Boulevard last sell?
116 WASHINGTON Boulevard last sold in September 2020 for $1,350,000, according to CRMLS-reported closed sales.
What did 116 WASHINGTON Boulevard sell for?
$1,350,000, 31% below the $1,949,000 list price, after 72 days on the market.
Is 116 WASHINGTON Boulevard for sale now?
116 WASHINGTON Boulevard is not currently listed on the MLS. Browse current homes for sale in Venice on Nalren.