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114 W Washington Blvd

Marina del Rey, CA
Total Size
5,483 sqft
Year Constructed
Year Renovated
Building Class

About 114 W Washington Blvd

We are pleased to announce the exclusive representation of 114 Washington Boule- vard in Marina Del Rey for sale. The property features a combination of ground floor retail stores and second story live/work loft units, each with their own private ocean view patios. The upper lev- els are serviced by elevator. The building is currently 100% occupied with all tenants on NNN leases. All leases are either month-to-month or expire in 2013 allowing an owner user to qualify for SBA financing. PLEASE DO NOT DISTURB TENANTS - Area description: The property is located on the South side of Washington Boulevard approximately one and a half blocks East of the Venice Beach Pier and one half block West of the Grand Canal. - Number of buildings: 1

Internet Providers for 114 W Washington Blvd

Provider Technology Max Download Speed Max Upload Speed
100 Mb/s
6 Mb/s
Megapath Copper Wireline
25 Mb/s
25 Mb/s
Verizon DSL
3 Mb/s
768 kbps

The Neighborhood: Venice

On average, listings lease in the $60's per square foot per year. The Venice region is going through a decline in rates. In the last 3 months, the median rate fell $59 per sqft per year. That's a 49% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Venice region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Median Rate Median Size
Venice $60
Median Rate Median Size
Metropolitan Los Angeles $32

Median Rate over Time in Venice