12610 Venice Blvd - Apartments FOR SALE


Los Angeles, CA 90066- Mar Vista
$15,300,000 USD
323-515-9585
12610 Venice Blvd, Los Angeles, CA for Sale
$15,300,000 USD
Apartments - FOR SALE
1/22
null | 5.05% Cap Rate

12610 Venice Blvd
Los Angeles, CA 90066
Mar Vista


HIGHLIGHTS

  • New Construction
  • Small Lot Homes
  • 88 out 100 Walk Score

OVERVIEW

Each home has 4 bedrooms/5 bathrooms/2418 sq. ft. New Small Lot Homes Primary suite occupies its own level, walk-in closet, while three additional ensuite bedrooms offer comfort and privacy. A rooftop deck with sweeping city and mountain views With this being new construction, it affords the best opportunity to utilize bonus depreciation of 100% first year allowable under the 2025 One Big Beautiful Bill. Using a cost segregation (CSG) study under the guidance of a CPA. Best Exit Strategy Option when ready to sell into another 1031 exchange with NO ULA aka “Mansion Tax,” saving over $1M (Buyer to verify) having individual APN’s/addresses. Financing Option is attached

FOR SALE DETAILS

PRICE

$15,300,000 USD

PRICE/SF

$602 USD /SF

# OF UNITS

11

PRICE/UNIT

$1,390,909

CAP RATE

5.05%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2024

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,260 SF

ZONING

LAR3

APN/PARCEL ID

4235-002-017,4235-002-018,4235-002-019,4235-002-020,4235-002-021,4235-002-022,4235-002-023,4235-002-024,4235-002-025,4235-002-026,4235-002-028

ASK ABOUT THIS PROPERTY

Paul WylieLamerica Real EstateMore Info
323-515-9585

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Paul WylieLamerica Real EstateMore Info
323-515-9585

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