12034 Venice Blvd, Los Angeles, CA 90066

Description

Prime mixed-use investment and owner-user opportunity in the heart of Mar Vista. Situated on an approximately 8,172 SF LAC2-zoned lot, this 3,199 SF property features a street-front restaurant, a 2-bedroom/2-bathroom bungalow, and two additional residential units at the rear. The restaurant space is currently occupied by Caf Laurent on a month-to-month lease and can be delivered vacant at closing or with a new lease or operator. This provides an owner-user chef or restaurateur with a turnkey opportunity while allowing an investor to reposition the space at market rent. The property offers approximately $177,600 in annual pro forma gross rental income ($14,800 per month), representing projected income rather than verified actual collections. Additional features include a built-out restaurant kitchen, outdoor dining patio, and ample rear parking for restaurant patrons and residents. Located along the vibrant Venice Blvd corridor, the property benefits from prominent street frontage, signage opportunities, and steady foot traffic, just steps from the Sunday Mar Vista Farmers Market, Little Fatty, Alana's Coffee, Bluey's, and other popular neighborhood destinations. Convenient access to Culver City, Playa Vista, Venice, Santa Monica, and the 405 Freeway further enhances its appeal. With favorable commercial zoning and potential for future redevelopment or assemblage with neighboring parcels, subject to applicable approvals, the property presents a compelling opportunity for investors, restaurant operators, and developers. Buyer to independently verify zoning, development potential, pro forma income, parking, and all property details. Do not disturb tenants. Contact listing agent for showings.