428 N Lincoln, Venice, CA 90291 | Pending

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • 5 Units
  • Unknown Sq Ft
  • 3,518 Sq Ft
  • Unknown Cap Rate

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $2,099,000
Property Type Other
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 6 spots
Year Built 1949
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 4243018008
MLS # Unknown
Property ID 293145320
Lot Sqft 3,518
Zoning LAC2
Total Units 5
Days on Market 1,042
Original List Price $2,099,000
Date Updated June 25, 2021
Date Created June 25, 2021

Financials not available online. Please inquire with your agent for more details.

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