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114 W Washington Blvd

Marina del Rey, CA
Floors
3
Total Size
5,483 sqft
Zoning
LAC4
Year Constructed
1982
Year Renovated
2005
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
TIME WARNER CABLE Cable
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 $70's per square foot per year. The Venice submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $18 per sqft per year. That's a 30% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Venice submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Median Rate Median Size
Venice $78
/sqft/yr
2,400
sqft
Median Rate Median Size
Metropolitan Los Angeles $32
/sqft/yr
2,200
sqft

Median Rate over Time in Venice