310 Venice WayLos Angeles, CA 90291

Property Details for 310 Venice Way

Year built

1928

Construction

TILT-UP CONCRETE

Lot size

0.10 AC

Property size (Sq ft)

4,100 SF

Zone code

LARD1.5

Property type

Retail space

APN

4238-021-032

APU

4238021032

Description

This exceptional 4,765-square-foot creative office space at 310-312 Venice Way, Los Angeles, CA 90291, presents a unique opportunity. Located in the vibrant North Venice submarket, this single-tenant property boasts a desirable location, just steps from the beach and Abbot Kinney Boulevard's renowned restaurants and boutiques. Built in 1928 and extensively renovated in 2017, the two-story building features 12-foot ceilings, multiple skylights flooding the space with natural light, and cement floors. The property includes a fully built-out kitchen, kitchenettes, a private bathroom with shower, two ADA-compliant common bathrooms, and a glass-enclosed conference room. Adding to its appeal is a small private yard and convenient access from both Venice Way and a rear alley. With a total lot size of 4,792 square feet, the property is ideal for a creative business or small startup seeking a unique and inspiring workspace. The building is currently vacant and ready for immediate occupancy. APN: 4238-021-032. No parking is available on-site.

• CAP approach

  CAP return

  Valuation

  6%

  $1,081,710

  6.5%

  $998,499

  7%

  $927,177

• Comparable approach

  Method

  Valuation

  Relative Method

  $810,842

  Geo Method

  $810,842

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,944,850

  Mixed-Use / Specialty

  $995,878

  Hospitality / Lodging

  $731,867

  Office

  $990,940

  Institutional / Educational

  $1,035,650

  Residential Income

  $1,211,710

  Multifamily

  $1,448,050

  Automotive / Energy

  $887,698

  Parking / Income-Based Land

  $305,406

  Restaurant / Food Service

  $519,968

  Healthcare / Senior Housing

  $1,020,290

Location Insight

City

Venice

County

Los Angeles

State

California

Latitude

33.9871

Longitude

-118.469

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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