FOR SALE. Prime Retail / Office building in the heart of Abbot Kinney Offers Due Electric Ave. Venice, CA.

Transcription

1 Prime Retail / Office building in the heart of Abbot Kinney Offers Due Electric Ave. Venice, CA Space on the Street FOR SALE Click here for due diligence 13 single parking spaces and gated property. Contact Us DAVID B. THIND davidthind@coldwellbanker.com CalBRE# NRT High Income Area. Strong Demographics 2 Story Building with PRIVATE ENTRANCES Approx 6,253 SF of building Owner/User Zoning: M DAVID MALDONADO dave@thindwest.com CalBRE# JUSTIN B. THIND justin.thind@camoves.com CalBRE# NRT Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

2 1611 Electric Ave. Details PROPERTY Property is located at 1611 Electric Ave, Venice California The property was built in 2007 and is comprised of the following: The building consists of 6,253 SF of retail and office space with high tech computer and electrical wiring. The entire building has undergone a complete upgrade using the finest materials available. Retail/Office mixed use of 6,253 sf located on the first and second floors with kitchen, large windows and creative space. REGION Los Angeles is the most populous city in California and the second most populous city in the United States, after New York City, with a population of 3.8 million, on a land area of square miles (1,290.6 km2), and is located in the southern region of the state. It is the focal point of the larger Los Angeles - Long Beach - INVESTMENT HIGHLIGHTS Amazing architectural design An abundance of natural light Open landscape interior design New landscape & irrigation New re-striped parking lot New front gate Fire alarm system Excellent signage Secure building Polished concrete floors

3 1611 Electric Ave. Details REGION Riverside combined statistical area, which contains nearly 17.8 million people and which is one of the most populous metropolitan areas in the world and the second largest in the United States. Los Angeles is also the seat of Los Angeles County, the most populated and one of the most multi-cultural counties in the United States. DISTRICT Venice is a district on the Westside of Los Angeles, California, United States. It is known for its canals, beaches and circus-like Ocean Front Walk, a two-and-a half-mile pedestrian -only promenade that features performers, artists, and vendors. Throughout the summer months, the boardwalk (as it is commonly known, despite that it contains no boards) is actively entertaining, and this tradition continues on weekends in the winter. It is an important tourist attraction in Southern California, and has retained its popularity in

4 1611 Electric Ave. Details DISTRICT part because it is an attractive location for walking and bicycling. It has home to some of Los Angeles early beat poets and artists and has served as an important cultural center of the city. NEIGHBORHOOD Abbot Kinney Boulevard has become one of LA s most popular areas for unique shopping and dining experiences, featuring home-grown artists and designers in a mix of modern chic and old school vintage. The shops lining the street- many of which eat, sleep, and breathe the Abbot Kinney vibe- feature top-of-line artwork, furniture, jewelry and boutique clothing. Restaurants on Abbot Kinney include some of Los Angeles finest dining establishments including, The Butcher s Daughter, Kreation Kafe & Juciery, Gjelina, Hal s Bar and Grill, Felix, Plant Food + Wine, Salt Air...

5 1611 Electric Ave. Details DEMOGRAPHICS The subject property is supported by an affluent and dense population as illustrated in the chart below: Description 1 MILE 3 MILES 5 MILES 2016 Population 36, , , Estimate 35, , , Census 36, , , Census 37, , ,242 Growth % 3.24% 3.51% Growth % 3.60% 4.38% Growth Estimated Household Income -3.34% -1.17% 1.57% $126,033 $117,617 $122,120

6 1611 Electric Ave. Location

7 1611 Electric Ave. Floor Plans 58'-0 1/2" UP 44'-3 1/4" 1ST FLOOR 3,047 SQ. FT. 49'-3" 79'-7 1/2" AREA CALCULATION Dwg No: AC1.2 New York Philadelphia New Jersey Los Angeles Seoul 1611 ELECTRIC 1611 Electric Avenue 1st Floor Venice, CA Scale: Date: Project No: 1/8"=1'-0" 06/13/17 B1603 The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

8 1611 Electric Ave. Floor Plans 58'-0 1/2" 58'-0 1/2" DN 44'-3 1/4" 2ND FLOOR 3,206 SQ. FT. DN 49'-3" 44'-3 1/4" 2ND FLOOR 3,206 SQ. FT. 49'-3" DN DN 79'-7 1/2" 79'-7 1/2" New York hiladelphia New Jersey os Angeles Seoul New York Philadelphia New Jersey Los Angeles Seoul AREA CALCULATION 1611 ELECTRIC 1611 Electric Avenue 2nd Floor Venice, CA AREA CALCULATION 1611 ELECTRIC 1611 Electric Avenue 2nd Floor Venice, CA The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice. Dwg No: Scale: Date: Project No: AC2.2 1/8"=1'-0" 06/13/17 B1603 Dwg No: Scale: Date: Project No:

9 Coldwell Banker Commercial NRT Brentwood Office San Vicente Blvd 10th floor Los Angeles, CA NRT Contact Us DAVID B. THIND CalBRE# DAVID MALDONADO CalBRE# JUSTIN B. THIND CalBRE# NRT Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.