2010 Lincoln Blvd, Venice, CA 90291

$3,250,000
4
BA
3,535
SqFt
List Price
$3,250,000
MLS#
23-232223
Year Built
1950
Bathrooms
4
Living Sq. Ft
3,535
Lot Size
3,500
Lot Location
Alley Access, City
Days on Market
69
Property Type
Multifamily
Style
Contemporary
Stories
2

Property Description

INCREDIBLE INVESTMENT PROPERTY - PARK YOUR CASH FOR A 6.6% CAP IN THIS TURNKEY, MODERN + NEWLY RENOVATED RETAIL/OFFICE MIXED-USE BUILDING! This premier opportunity is a full NNN property - no expenses, and low maintenance in one of the best locations in the hub of one of the best Venice corridors, and one of the most well-known streets in Los Angeles! This building is perfect for an owner/user or as a high-return investment opportunity. Endless options are here in this well-maintained building completely remodeled in 2014, has 5 parking spaces, and offers you the perfect property for your 1031 exchange and passive income investors. With excellent frontage, this property comprises 3,603 sqft divided into 3 retail spaces and 1 office/artist loft. The entire bottom floor consists of 3 ground floor retail spaces ranging between 660 to 768 sqft, with the entire ground floor (all 3 units) rented to a well-known local favorite pet store. The entire bottom floor space has been thoughtfully curated and is a perfectly cohesive space yet can easily be turned back into three separate spaces. Two bathrooms on the ground level and plenty of storage. Move upstairs to a fabulous designer-done office space that makes up the entire second floor. This open-concept space offers a kitchen, two bathrooms, and a conference room. Enjoy a fabulous expansive roof deck patio, with a beautiful trellis that encapsulates the space and gives an indoor/outdoor flow truly the perfect space! Located on "The Linc" you are in one of the most well-desired parts of the Lincoln Corridor. You are surrounded by amazing boutique shops, restaurants, and a quick walk to the new Venice West live music venue. Situated in a high-traffic area, within a mile of Abbot Kinney and the beach, this is one of a kind and not one to be missed! **See attached package for Rent Roll & Lease Info**

Additional Information

Other Buildings
None
Kitchen Features
Remodeled, Kitchenette
Pool Description
None
Heat
Central
Cooling
Air Conditioning, Central
View
None
Exterior Construction
Stucco
Number of Cars in Garage
Driveway, Uncovered, Assigned, Garage - 2 Car
Garage Spaces Total
2
Water
Public
School District
Los Angeles Unified

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of , Tamra (Tami) Pardee - CA DRE#

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