1543/1555 Venice Blvd

1543/1555 Venice Blvd Los Angeles, CA 90006

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FOR SALE Incentives
Property Type:
Warehouse
Last Verified:
May 22, 2017


Description

Retail space on the bottom floor, office on the top floor. Needs refurbishment; great value-add opportunity. Central Los Angeles location on Venice Blvd, with dense foot traffic.

Located on a heavy traffic street outside of Downtown Los Angeles. Just north of the 10 and west of the 110 freeways respectively.


Year Built: 1923
Building Size: 14350.0sq ft
Lot Size: 0.32 acres

Map of 1543/1555 Venice Blvd, Los Angeles, CA, 90006

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Office: (213) 221-1288 ext 202
Cell: (213) 792-7007


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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.