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$1,700,000
SR26091212 MLS ⋅ Active Status
Investor Opportunity – Prime Development & Value-Add Asset Exceptional investment opportunity to reposition and maximize the land value of a 9,292 sq. ft. lot featuring a standalone retail building with frontage on Venice Boulevard. This high-visibility corner property benefits from strong street exposure and convenient access, located in a high-traffic area with excellent long-term growth potential. The property is zoned LAC1 and was originally configured as eight (8) retail units with eight (8) bathrooms. It is currently operated as five (5) units, offering a value-add opportunity to reconfigure back to the original eight-unit layout. All five units are fully occupied with a mix of lease terms. The property includes addresses 2030, 2032, 2034, 2038, and 2042. The current gross annual income is $ 78,600.00. Operating expenses are minimal, with annual expenses approximately $ 11,908.00. Each unit is separately metered for electricity, with tenants responsible for their own power usage.

2030 - 2042 Venice, Los Angeles
$1,999,999
CV25169640 MLS ⋅ Active Status
Located near Downtown Los Angeles and major transit lines, 174 S Alvarado St offers approximately 4,634 sq ft of interior space on a 6,002 sq ft lot. Built in 1985, the property features a prominent storefront on a high-visibility corridor, currently improved with a retail pharmacy. The structure includes multiple rooms suitable for office, retail, or service-based operations (buyer to verify permitted uses). Surrounded by dense residential neighborhoods, local businesses, and public transportation, this property offers strong foot traffic and convenient access to the 101 and 110 freeways.

174 S Alvarado Street, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.