11848 Venice Blvd - Apartments FOR SALE


Los Angeles, CA 90066- Mar Vista
$3,500,000 USD
310-963-7010
11848 Venice Blvd, Los Angeles, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

11848 Venice Blvd
Los Angeles, CA 90066
Mar Vista


HIGHLIGHTS

  • Large 14,135 SqFt Lot Zoned LAR-3
  • TOC Tier 1 & ED1 Eligibility
  • Must Be Sold Together

OVERVIEW

Two Properties Being Sold Together - 4 units at 11848 Venice Blvd (APN: 4214-017-032) and 3 units at 11856 Venice Blvd (APN: 4214-017-033). This is a unique opportunity to acquire two parcels comprising of a large, 14,133 square foot lot zoned LAR3 and eligible for ED1 and Tier 1 TOC (Transit Oriented Community). Currently these side by side properties have 2 separate APN numbers and consist of one 3-unit building and one 4-unit building in the highly coveted Mar Vista neighborhood. 6 out of 7 units are Tenant Occupied. Delivered with tenants in place. Bring your developers! MUST BE SOLD TOGETHER.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$1,269 USD /SF

# OF UNITS

7

PRICE/UNIT

$500,000

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,135 SF

ZONING

LAR3

APN/PARCEL ID

4214-017-032,4214-017-033

ASK ABOUT THIS PROPERTY

Linda LightColdwell Banker RealtyMore Info
310-963-7010

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Linda LightColdwell Banker RealtyMore Info
310-963-7010

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