About 2030 - 2042 Venice
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.
Features of 2030 - 2042 Venice
| MLS® # | SR26091212 |
|---|---|
| Price | $1,700,000 |
| Bathrooms | 0.00 |
| Lot Size | 9,292 |
| Year Built | 1925 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
| # Of Units | 5 |
Community Information
| Address | 2030 - 2042 Venice |
|---|---|
| Area | C16 - Mid Los Angeles |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90006 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | TwoToFiveUnitsAcre, Corner Lot, Level |
|---|
Additional Information
| Date Listed | April 25th, 2026 |
|---|---|
| Days on Market | 134 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Surin Poommai |
|---|---|
| Office | Rise Realty |