10872 Venice Blvd, Culver City, CA 90232

$1,300,000
3
BD
3
BA
1,898
SqFt

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List Price
$1,300,000
MLS#
26829319
Status
ACTIVE
Type
Multifamily
Bedrooms
3
Bathrooms
3
Living Area
1,898

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.

Additional Information

Year Built
1946
Garage
Carport

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Calculator source: Real Geeks

Courtesy of Coldwell Banker Realty, Susan Lau.

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