12028-12032 Venice Blvd - Apartments FOR SALE
Los Angeles, CA 90066 |
12028-12032 Venice Blvd
Los Angeles, CA 90066
HIGHLIGHTS
- Retail and residential building with an easy cap rate of 4.5% without without relocating any residential tenants
- Two six residential 1-bedroom apartments, two retail stores, four office suites, and two single car garages
- All of the retail and commercial tenants are on month-to-month leases allowing the opportunity to raise commercial rents
- Pro forma income of $187,560 net bringing your total building NOI to $221,773
- Relocating residential tenants adds an ADDITIONAL 20% upside in rents
- Located one block from the Mar Vista Farmer's Market
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential, Office/Residential
TOTAL BUILDING SIZE
6194
STORIES
2
YEAR BUILT
1960
PARKING SPACES
17
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
4235-024-005
