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Active 0 days on market

10872 Venice Boulevard

Culver City, CA 90232

$1,300,000

10872 Venice Boulevard
10872 Venice Boulevard photo 2
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+20 more
3Beds
0Baths
1,898Sq Ft
0.07Acres
1946Built

About This Home

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.

Property Details

Property TypeResidentialIncome
Year Built1946
Living Area1,898 sq ft
Lot Size0.07 acres
Bedrooms3
Bathrooms0 full
Parking Total2
PoolNo
MLS #1159859657
Days on Market0 days

Location

Listed by

Susan Lau

Coldwell Banker Realty

MLS# CLW-X73638

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.