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A rare and exceptional opportunity to acquire a high-value, income-producing executive office suite portfolio in a prime commercial location on E Venice Avenue. This exclusive property encompasses 6, 639 square feet across the entire second floor of the building and is configured into six premier executive suites.
This unit is ideal for the discerning commercial real estate investor seeking stable returns or an owner-user looking for a prestigious headquarters with significant built-in rental income potential.
INVESTMENT HIGHLIGHTS
Attractive Price Point: Offered at $195. 88 per square foot, this presents a competitive value for a high-quality commercial asset in the rapidly growing Venice market.
Immediate Cash Flow: The unit is already producing income with two of the six executive suites currently leased by quality tenants.
Significant Upside: Four vacant suites offer the new owner maximum flexibility to lease at market rate (with local rates averaging $25. 00/SF/YR for Class A space), significantly increasing the Net Operating Income (NOI).
Prime Location: Excellent visibility and accessibility on E Venice Ave, a key thoroughfare for professional and medical businesses.
EXCLUSIVE AMENITIES & ACCESS
Unit 4F stands apart by offering an unrivaled level of privacy and prestige that attracts high-caliber tenants:
Dedicated Entry Experience: The offering includes the exclusive use and control of the building's main lobby and elevator, providing a private, executive-level entry point that ensures maximum professionalism and separation from other tenants.
Configurable Suites: The six-suite layout is highly adaptable for professional offices, medical use, or can be consolidated for a single large corporate user.
Professional Building: Modern construction and superior maintenance designed to attract and retain long-term, high-quality tenants.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.235% | 6.183% |
| Monthly Tax Payment | $1,053 | $1,053 | $1,053 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,069 | $6,319 | $8,776 |
| Total Monthly Payment | $7,247 | $7,497 | $9,954 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.