132 Brooks AveVenice, CA 90291

Property Details for 132 Brooks Ave

Year built

1930

Lot size

0.34 AC

Property size (Sq ft)

9,498 SF

Property type

Other commercial real estate

Description

Located in the heart of Venice, CA, this 9,498 square foot commercial property sits on a 0.34-acre lot just blocks from the beach. Boasting a desirable location near Venice Beach, Main Street, Windward Circle, and Abbot Kinney, this property offers unparalleled access to upscale boutiques, art galleries, and exceptional dining. Currently housing a church and reading room with a recently repaired roof (40-year warranty), the building features a new HVAC system, seven bathrooms (one with a shower), a large auditorium with a movable partition wall, and a beautiful church organ. The property also includes a convenient parking lot with exterior security cameras. The building contains significant reusable materials, including lumber and copper wiring (recently inspected). The entire building envelope was repainted in 2019. Zoned Multifamily (RD 1.5-1), this property is eligible for Transit Oriented Communities (TOC) incentives and/or small lot subdivision, presenting immense potential for homeowners, investors, adaptive reuse professionals, community associations, and developers. The property is not located in a flood or high fire severity zone and is not RSO. This is a unique opportunity to capitalize on a prime investment in one of Los Angeles' most sought-after neighborhoods. The asking price is $9,750,000.

Location Insight

City

Venice

County

Los Angeles

State

California

Latitude

33.992

Longitude

-118.474

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