10872 Venice BLVD, Culver City, CA 90232
10872 Venice BLVD, Culver City, CA 90232
10872 Venice BLVD, Culver City, CA 90232
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,300,000
Est. payment /mo
3 Beds
3 Baths
1,898 SqFt
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UPDATED:

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

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Listed by Susan Lau Coldwell Banker Realty #01516710

NEARBY SCHOOL & BUSINESS

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