Los Angeles, CA 90066,11457 Venice BLVD
Los Angeles, CA 90066,11457 Venice BLVD
Los Angeles, CA 90066,11457 Venice BLVD
$1,500,000
Est. payment /mo
$1,795,000
16.4%
Est.Price: ?

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12 Beds
7 Baths
6,083 SqFt
SOLD DATE : 03/22/2024

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,083 sqft

Price per Sqft $246

MLS Listing ID 23331809

Sold Date 03/22/24

Bedrooms 12

HOA Y/N No

Year Built 1956

Lot Size 5,998 Sqft

Property Description

7 - units in Mar Vista. The property consists of 2 - 1 bedroom + 1 bath and 5- 2 bedroom + 1 bath. The building is 6,083square feet and sits on a 5,998 square foot lot. It was built in 1956. It is individually metered for gas and electricity. The rents are below market and there is over 50% upside in the rents. There is on site laundry. It is located in the high demand area of Mar Vista adjacent to Culver City - one of the most desirable locations in Los Angeles. The area is undergoing an enormous transformation with the construction of many new apartment buildings as well as major entertaining companies such as Amazon, Apple and HBO opening offices nearby. Close to the future Google campus. Minutes to Culver City's popular restaurants, bars, fitness centers and theaters. Close to the Expo Line and the 405 and 10 freeways. The earthquake soft story retrofit work has been completed. There is an assumable loan with an approximate balance of $626,000, 4.68% fixed until 8/18/25, due in 2045. PLEASE DO NOT DISTURB THE TENANTS.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Cooling None

Fireplace No

Exterior

Parking Features Covered

Total Parking Spaces 5

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4234009011

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael A Salerno • Michael Anthony Salerno
Bought with Ariel Sayani • Keller Williams Beverly Hills

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agent

Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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