11457 Venice Blvd

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Address: 11457 Venice Blvd., Los Angeles, CA 90066, USA
Created date: February 9, 2024
Date last updated: July 15, 2024
  • Prime Mar Vista
  • Large units with over 50% upside in the rents
  • Excellent unit mix - 2 - 1 bd+ 1 ba & 5 - 2 bd + 1 ba units
  • Minutes to the beach

Property Description

7 - units in Mar Vista. The property consists of 2 - 1 bedroom + 1 bath and 5- 2 bedroom + 1 bath. The building is 6,083 square feet and sits on a 5,998 square foot lot. It was built in 1956. It is individually metered for gas and electricity. The rents are below market and there is over 50% upside in the rents. There is on site laundry. It is located in the high demand area of Mar Vista adjacent to Culver City - one of the most desirable locations in Los Angeles. The area is undergoing an enormous transformation with the construction of many new apartment buildings as well as major entertaining companies such as Amazon, Apple and HBO opening offices nearby. Close to the future Google campus. Minutes to Culver City's popular restaurants, bars, fitness centers and theaters. Close to the Expo Line and the 405 and 10 freeways. The earthquake soft story retrofit work has been completed.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,500,000
No. of Units: 7
Year Built: 1956
Lot Size: 0.14 Sq ft
Opportunity Zone: No
Price per unit: $214,286
Property Website Click Here
Address: 11457 Venice Blvd, Los Angeles, CA 90066, USA
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