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Mixed-Use

1200 Venice Boulevard

1200 Venice Blvd., Los Angeles, CA 90006

Listing Price: $8,440,000

Cap Rate
2.72%
Number of Suites
3
Gross SF
24,185
Rentable SF
24,185
Price/Gross SF
$348.98
Lot Size
0.48 acres
Year Built
2015

Investment Overview

Marcus & Millichap is pleased to present 1200 Venice Boulevard, a one-of-a-kind 24,185 square feet owner/user mixed-use creative production studio offices & retail property with warehouse space located in one of the most vibrant communities in Los Angeles. 1200 Venice Boulevard offers an excellent opportunity for an owner-user or investor with the majority of the second floor available to occupy immediately, the majority of the entire building available to occupy by 2023, or the entire building available to occupy by 2025. The first floor is comprised of three leased retail storefronts (7,000 total SF), a 3,335 SF leased music studio, and a 1,050 SF leased warehouse space. The second floor offers a vacant 5,100 SF office space, a 5,100 SF leased film production studio, and a 2,600 SF leased office space. The property offers significant rental upside potential with most expirations coming due by 2022 or on month-to-month leases.

Investment Highlights

  • Full Video Security System
  • Diverse and Creative Tenant Roster
  • Newly Built Spaces Throughout

Exclusively Listed By

Financing By

Mixed-Use

1200 Venice Boulevard

Listing Price: $8,440,000

Cap Rate
2.72%
Number of Suites
3
Gross SF
24,185
Rentable SF
24,185
Price/Gross SF
$348.98
Lot Size
0.48 acres
Year Built
2015

Investment Highlights

  • Full Video Security System
  • Diverse and Creative Tenant Roster
  • Newly Built Spaces Throughout

Investment Overview

Marcus & Millichap is pleased to present 1200 Venice Boulevard, a one-of-a-kind 24,185 square feet owner/user mixed-use creative production studio offices & retail property with warehouse space located in one of the most vibrant communities in Los Angeles. 1200 Venice Boulevard offers an excellent opportunity for an owner-user or investor with the majority of the second floor available to occupy immediately, the majority of the entire building available to occupy by 2023, or the entire building available to occupy by 2025. The first floor is comprised of three leased retail storefronts (7,000 total SF), a 3,335 SF leased music studio, and a 1,050 SF leased warehouse space. The second floor offers a vacant 5,100 SF office space, a 5,100 SF leased film production studio, and a 2,600 SF leased office space. The property offers significant rental upside potential with most expirations coming due by 2022 or on month-to-month leases.

Exclusively Listed By

Financing By

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