12034 Venice Boulevard , Los Angeles, CA 90066
$2,595,999
Est. Payment: $13,535.03/mo
3199 Sqft
0.19 Acres
Status: active | Days on site: 0
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CLW-X725210101 - CLW-C144991,CLW-X89421
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House 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.

Highlights

Listed by Berkan Turac , 310-359-5815 and Jordan Rubinstein , 310-435-3926 Forward One , 310-623-1300. CRMLS/Multi-Regional MLS mls logo

Property Type

Business Opportunity

Lot/Acreage
0.19

Year Built

1923

County

Los Angeles

Area

C13 - Palms - Mar Vista

Listing ID

26106316

Questions about this listing?

Contact Agent

Interior Features

Exterior Features

Lot:No Land Lease
Garage Capacity:13
Zoning:LAC2
Principal Interest
$13,535
Taxes
$1,655

Home Price

$2,595,999

Loan Details

30 yrs
6.797%

Down Payment

20%
$519,200
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,535.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,535.03 $1,654.95 $0.00 $15,189.98
Yearly $162,420.33 $19,859.39 $0.00 $182,279.72
Total $4,872,609.79 $595,781.77 $0.00 $5,468,391.56

Today's Rates

30 Year

6.8%

20 Year

6.7%

15 Year

6.41%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-09T23:34:58.000Z

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