About 1500 E Venice Avenue 4f
A rare and exceptional opportunity to acquire a high-value, income-producing executive office suite portfolio in a prime commercial location on E Venice Avenue. This exclusive property encompasses 6,639 square feet across the entire second floor of the building and is configured into six premier executive suites. This unit is ideal for the discerning commercial real estate investor seeking stable returns or an owner-user looking for a prestigious headquarters with significant built-in rental income potential. INVESTMENT HIGHLIGHTS Attractive Price Point: Offered at $195.88 per square foot, this presents a competitive value for a high-quality commercial asset in the rapidly growing Venice market. Immediate Cash Flow: The unit is already producing income with two of the six executive suites currently leased by quality tenants. Significant Upside: Four vacant suites offer the new owner maximum flexibility to lease at market rate (with local rates averaging $25.00/SF/YR for Class A space), significantly increasing the Net Operating Income (NOI). Prime Location: Excellent visibility and accessibility on E Venice Ave, a key thoroughfare for professional and medical businesses. EXCLUSIVE AMENITIES & ACCESS Unit 4F stands apart by offering an unrivaled level of privacy and prestige that attracts high-caliber tenants: Dedicated Entry Experience: The offering includes the exclusive use and control of the building's main lobby and elevator, providing a private, executive-level entry point that ensures maximum professionalism and separation from other tenants. Configurable Suites: The six-suite layout is highly adaptable for professional offices, medical use, or can be consolidated for a single large corporate user. Professional Building: Modern construction and superior maintenance designed to attract and retain long-term, high-quality tenants.
Features of 1500 E Venice Avenue 4f
| MLS® # | TB8476114 |
|---|---|
| Price | $1,300,000 |
| Square Footage | 6,639 |
| Year Built | 2008 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Listing Details
| Office | SENSIBLE PROPERTY MANAGMENT |
|---|
Listing Map
Neighborhood Information for 1500 E Venice Avenue 4f
Growing Population, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Sky Academy Venice Public - 6Th Grade to 8Th Grade |
2 Miles | |
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Sky Academy Englewood Public - 6Th Grade to 8Th Grade |
2 Miles | |
|
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Island Village Montessori School Public - Kindergarten to 8Th Grade |
2 Miles | |
|
Garden Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
2 Miles | |
|
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Venice Elementary School Public - Kindergarten to 5Th Grade |
2 Miles | |
|
Venice Senior High School Public - 9Th Grade to 12Th Grade - Closest High School |
2 Miles | |
|
Epiphany Cathedral School Catholic - Preschool to 8Th Grade - Closest Middle School |
2 Miles |
School data provided by GreatSchools