Detail

Updated on November 2, 2021 at 9:58 pm

  • Land Area: 76,583 sq ft
  • Property Size: 76,583 sq ft
  • Price: $18,712,460
  • Rental Rate: $0.81/sq ft

Description

Present and future redevelopment opportunity
Former Brink’s facilities (vacant on 12/31/2021)
Located at the southwest corner of Venice Blvd and Union Avenue
1/2-mile from the Los Angeles Convention Center
3/4-mile from Staples Center and LA LIVE
Easy access to the Harbor (110) Freeway and the Santa Monica (I-10) Freeway

Two separate sellers:
1. 1120 Venice Blvd available on 12/31/2021
2. 1130-1136-1140 Venice Blvd sale must be a lease with with an immediately exercised option to buy in a minimum of seven (7) years (the benefit is today’s price locked in for 7 years). Lease rental: $0.81 per sq.ft. NNN (call broker for details).

Properties may be purchased separately:
1120 Venice Blvd for sale at $11,924,250 ($250 per sq.ft. land)
1130-1140 Venice Blvd for sale at $6,788,210 ($235 per sq.ft. land)
Note: Parcel 5135-017-011 is an easement (see plat)

Property Documents

  • Marketing Package for 1120-1140 Venice Blvd
  • Address: 1120 Venice Blvd 1130 Venice Blvd 1136 Venice Blvd 1140 Venice Blvd
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90015
  • Neighborhood: Downtown Los Angeles
  • Country: United States

Contact info

Jeff Luster
Jeff Luster
213.747.4152213.804.3013

Inquire about this property

Similar Properties

Featured
For SaleDevelopment Site
$5,000,000
For SaleDevelopment Site

Development or Investment Opportunity

4350 W Adams Blvd, Los Angeles, CA 90018, USA

sq ft: 8,597

Commercial, Land

Daniel Moussazadeh

2 years ago

$5,000,000

sq ft: 8,597

Commercial, Land

2 years ago

Featured
For SaleDevelopment Site
$3,890,000
For SaleDevelopment Site

Highly Improved Land

1622 E 15th St, Los Angeles, CA 90021, USA

sq ft: 30,000

Land

$3,890,000

sq ft: 30,000

Land

Featured
For SaleReposition Opportunity
$1,700,000
For SaleReposition Opportunity

Signalized Corner Commercial Property

1911 New England St, Los Angeles, CA 90007, USA

sq ft: 3,749

Commercial, Land, Retail

Anthony S. Behar

2 years ago

$1,700,000

sq ft: 3,749

Commercial, Land, Retail

2 years ago

Featured
For SaleDevelopment SiteInvestment Opportunity
TBD
For SaleDevelopment SiteInvestment Opportunity

110± Unit Mixed-Use Development Site

3755 Beverly Blvd, Los Angeles, CA 90004, USA

sq ft: 14,000

Land

Anthony S. Behar

2 months ago

sq ft: 14,000

Land

2 months ago

Featured
For SaleDevelopment Site
$15,000,000
For SaleDevelopment Site

DTLA Development Site: 7th & San Pedro Corner

611 E 7th St, Los Angeles, CA 90021, USA

sq ft: 35,816

Commercial, Industrial, Land

$15,000,000

sq ft: 35,816

Commercial, Industrial, Land