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11425 Venice Blvd

Los Angeles, CA 90066
  • $1,350,000
  • STATUS: Active
  • ON SITE: 86 Days
  • MLS #: 21-100611
UPDATED: 39 min ago
$1,350,000
  • 3
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,666
    SQFT
  • $810
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

BACK ON THE MARKET - Single Family Alternative or Investment Opportunity YOU CHOOSE ! - Move in with solid income from existing tenant OR build 7 units by right with the potential of a maximum of 11 units by taking advantage of local ordinances and guidelines for including affordable housing units. This LAR3 lot comes with one unit vacant. The property is midpoint between Silicon Beach, Culver City and Santa Monica Beach. With employers like HBO/Warner, Amazon, Google, and TikTok all within a short car or bike ride the neighborhood is set to explode with thousands of high paying tech and entertainment jobs which will correlate to future rent growth. With its close proximity to Venice Beach and in the heart of Mar Vista the property is surrounded by multiple destination restaurants, cafes and bars. Whether you're looking for a return on investment now or in the future this property can make it happen. Seller/Broker/agent do not guarantee the accuracy of square footage, lot size, zoning, rent control, permits, use code, schools, and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information to their satisfaction through personal inspection and with appropriate professionals.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-29T07:42:25.057. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/122991544
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11425 Venice Blvd Los Angeles, CA 90066

  • Price: $1,350,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 39 min ago
  • MLS #: 21-100611
3
Beds
0
Baths
0
½ Baths
0.13
Acres
1,666
SQFT
$810
$/SQFT
1953
Built
Neighborhood:
Palms - Mar Vista
County:
Los Angeles
Area:
Palms - Mar Vista
Property Description
BACK ON THE MARKET - Single Family Alternative or Investment Opportunity YOU CHOOSE ! - Move in with solid income from existing tenant OR build 7 units by right with the potential of a maximum of 11 units by taking advantage of local ordinances and guidelines for including affordable housing units. This LAR3 lot comes with one unit vacant. The property is midpoint between Silicon Beach, Culver City and Santa Monica Beach. With employers like HBO/Warner, Amazon, Google, and TikTok all within a short car or bike ride the neighborhood is set to explode with thousands of high paying tech and entertainment jobs which will correlate to future rent growth. With its close proximity to Venice Beach and in the heart of Mar Vista the property is surrounded by multiple destination restaurants, cafes and bars. Whether you're looking for a return on investment now or in the future this property can make it happen. Seller/Broker/agent do not guarantee the accuracy of square footage, lot size, zoning, rent control, permits, use code, schools, and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information to their satisfaction through personal inspection and with appropriate professionals.
Exterior Features

Direction Faces South Lot Size Area 5754 Other Structures None Parking Garage DrivewayGarage - NonePrivate Pool Description None Pool YN No Spa None Spa YN No Total Parking 6 View Description None View YN No Water Frontage None

Interior Features

Baths Total 2.00 Cooking Appliances None Cooling None Equipment Garbage DisposalGas Dryer Hookup Flooring MixedCarpetLinoleum Heating Wall Laundry In Unit

Property Features

Assessed Total Value 82891 Gross Income 16524 Gross Operating Income 16524 Like Units1 1 Like Units2 1 Net Operating Income 11524.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 5000 Type Of Units Duplex Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Timothy Meinelschmidt DRE#01893861 of Keller Williams Larchmont.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-29T07:42:25.057. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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