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Listed by Christopher Bald • Lyon Stahl Investment Real Estate, Inc.
$1,400,000
Est. payment /mo
462 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 462 sqft
Price per Sqft $3,030
MLS Listing ID CRSB25120089
HOA Y/N No
Year Built 1986
Lot Size 4,500 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
Offered at $1,400,000, this rare retail/development opportunity sits on a high-visibility corridor in Venice at 2422 Lincoln Blvd. With C2 zoning, TOC Tier 4 eligibility, and an AB2097/ED1 development incentive, this 4,500 SF lot is ideally positioned for transformative growth and potential multi-story redevelopment. The property currently features a 462 SF building built in 1986, leased month-to-month at $3,000/month to a smog shop tenant. This allows for immediate income while planning future redevelopment. The site offers strong land value fundamentals supported by favorable zoning, a competitive price per square foot, and recent nearby sales. Strategically located on one of Venice’s busiest thoroughfares, this property benefits from steady traffic flow, excellent frontage, and proximity to Abbot Kinney, the beach, and a dynamic commercial mix of national and local retailers.
Location
State CA
County Los Angeles
Interior
Fireplace No
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