12665 Venice Blvd - Multi-Family FOR SALE


Los Angeles, CA 90066- Mar Vista
$1,500,000 USD
310-922-6124
12665 Venice Blvd, Los Angeles, CA for Sale
$1,500,000 USD
Multi-Family - FOR SALE
1/9
null | 4.35% Cap Rate

12665 Venice Blvd
Los Angeles, CA 90066
Mar Vista


HIGHLIGHTS

  • Part of a portfolio with both 12715 & 12717 Venice Blvd as well as 3637 Mentone Blvd totaling 25 Units.
  • Situated in the perennially hip and highly popular Mar Vista neighborhood
  • Priced at an extremely attractive cost per unit basis

OVERVIEW

We are pleased to present the exclusive opportunity to acquire a well-located, professionally managed multi-family property on LA's Westside. Situated in the perennially hip and highly popular Mar Vista neighborhood, 12665 Venice Boulevard was built in 1958 and features 7 apartments including six 1-bed/1-bath units and one 2-bed/1-bath unit. Units boast spacious layouts with separate dining areas, walk-in closets, and new flooring in many instances. There are on-site laundry facilities, off-street parking, low maintenance landscaping, and separate meters for gas and electricity. Priced at an extremely attractive cost per unit basis, 12665 Venice truly offers the astute investor an excellent turnkey property with a tremendous foundation for income and cap rate growth as well as long-term asset appreciation.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$330 USD /SF

# OF UNITS

7

PRICE/UNIT

$214,286

CAP RATE

4.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 units in Prime Mar Vista

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LAR3

APN/PARCEL ID

4246-029-003

ASK ABOUT THIS PROPERTY

Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

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Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.