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    12766 Venice

    Los Angeles (City), CA 90066
    • $3,400,000
    • STATUS: Active
    • ON SITE: 162 days
    • ID#: 20560478
    UPDATED: 217 min ago
    $3,400,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    We are proud to present this 10 unit apartment building located at 12766 Venice Boulevard in Prime Mar Vista, California. Built in 1966, the offering sits on 7,376 square feet of land with 6,978 square feet of rentable area and consists of 1- studio / one bath, 7- one bed / one bath and 2- two bed / two bath units.The sellers have already completed the required seismic retrofit work and 1 unit vacant is currently vacant. With a Walk Score of 83, the offering sits in one of Los Angeles' premier walk-able neighborhoods with premier dining, shopping and entertainment all just a short drive away.The property is well located with an affluent local population of over 291,000 with average household incomes exceeding $108,000 in a 3-Mile Radius. A mile to the East, downtown Culver City has emerged over the last 10 years as one of Los Angeles most coveted markets. It is bordered by entertainment powerhouses of Sony and Culver Studios with a flourishing art scene.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-14T00:27:22.41. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/103811306
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    12766 Venice Los Angeles (City), CA 90066

    • Price: $3,400,000
    • Status: Active
    • Updated: 217 min ago
    • ID#: 20560478
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1966
    Built
    Neighborhood:
    C13 - Palms - Mar Vista
    County:
    Los Angeles
    Area:
    C13 - Palms - Mar Vista
    Property Description
    We are proud to present this 10 unit apartment building located at 12766 Venice Boulevard in Prime Mar Vista, California. Built in 1966, the offering sits on 7,376 square feet of land with 6,978 square feet of rentable area and consists of 1- studio / one bath, 7- one bed / one bath and 2- two bed / two bath units.The sellers have already completed the required seismic retrofit work and 1 unit vacant is currently vacant. With a Walk Score of 83, the offering sits in one of Los Angeles' premier walk-able neighborhoods with premier dining, shopping and entertainment all just a short drive away.The property is well located with an affluent local population of over 291,000 with average household incomes exceeding $108,000 in a 3-Mile Radius. A mile to the East, downtown Culver City has emerged over the last 10 years as one of Los Angeles most coveted markets. It is bordered by entertainment powerhouses of Sony and Culver Studios with a flourishing art scene.
    Exterior Features

    Lot Size Source Other Lot Size Units Square Feet

    Property Features

    Gross Income 196852.00 Gross Multiplier 17.04 Gross Operating Income 199500.00 Net Operating Income 127793.00 Senior Community YN No Special Listing Conditions Standard Zoning Lar3

    Listing provided courtesy of Filip Niculete of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-14T00:27:22.41. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731