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JUST REDUCED!! Two-Story Commercial Asset Located in the Heart of the Vibrant Culver City/Palms Submarket

$1,765,000

10939 Venice Boulevard, Los Angeles, CA 90034

Active
Last Updated: 06/30/2026

4.6

Cap Rate

105,696

NOI

Details:
Cap Rate:    4.6%
NOI:    $105,696
Building Size:    2,202 sqft
Lot Area:    4,356 sqft
Zoning:    C2
Parking Spots:    6
Highlights:
  • World Famous Bigfoot West
  • Long term tenant with 8 years left
  • Bigfoot West may consider an offer on the business
Description:

10939 Venice Boulevard is a prominent two-story commercial asset located in the heart of the vibrant Culver City/Palms submarket.

Comprising approximately 2,202 rentable square feet, the building features a world-famous ground-floor bar with dedicated office space above. The property is currently offered at a 4.6% CAP rate, supported by a stable, long-term tenant on a below-market lease that provides significant future upside.

This offering represents a rare opportunity to acquire a landmark building in one of the fastest-growing areas of West Los Angeles. As the home of Bigfoot West, the property benefits from a loyal local following and consistent foot traffic. The building’s unique “cabin” architecture provides exceptional street visibility, and the structure has been meticulously maintained, ensuring it remains a standout fixture in the neighborhood.

Strategically positioned near major transit hubs and the expanding tech campuses of Culver City, the property is an ideal long-term investment. Its location in a high-demand corridor with limited inventory ensures steady appreciation as it continues to attract both residents and tourists. Additionally, the bar operator may be open to a sale of the business, offering a potential buyer the flexibility of a turnkey hospitality acquisition alongside the real estate.

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