10875 Venice Boulevard, Los Angeles, CA 90034

About this commercial property

This is a wonderful opportunity for an investor to purchase a unique property with strong rental income located in a prime West Los Angeles Location. 10875 Venice Blvd. consists of two commercial spaces, 4 apartments and a cell tower on one lot. The property is being sold along with a single family home on an adjoining lot located at 3759 Midvale Ave. The total asking price is $2,975,000. One of the commercial spaces is occupied by a furniture store rented at $3,853 per month and the other space is rented by a t-shirt company at $4,075 per month. The monthly rental income for the apartments is projected at $6,590, the single family home monthly rent is $2,545 and the cell tower monthly rent is $1,550. The estimated square footage of each structure is as follows: the commercial space with the furniture store & 4 apartments total 4,964 Sq. Ft, the t-shirt company is in a separate structure that is estimated at 1,890 Sq. Ft., and the single family home is 936 Sq. Ft.

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$2,700,000

Sold March 2023 · listed $2,975,000, on market January 2023 · MLS #23229163 · Source: CRMLS

Listing Agent: Gary Fox · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Gary Fox · Miller & Desatnik Realty Co.

$2,700,000

Sold March 2023 · listed $2,975,000, on market January 2023 · MLS #23229279 · Source: CRMLS

Listing Agent: Gary Fox · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Gary Fox · Miller & Desatnik Realty Co.

Explore Los Angeles