= Required Field.

Already a Member?

Email Address:

Password:

Re-Enter Password:

First Name:

Last Name:

Country:

Zip/Postal Code:

Ext.

Day Phone:

Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers.

No Thanks.

By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

We will NOT share your email address.
View Our Privacy Policy.

Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.

Select a Property Type

You may enter a US or Canadian location in the following formats:

Zip Code
City, State
State

For additional search options, go to Advanced Search Advanced Search Advanced Search.

e.g. Los Angeles, CA or 91016

Advanced Search

Browse More Listings in Multifamily For Sale, Los Angeles, CA or California

Multifamily Property For Sale

MAKE YOUR OFFER BY DEC 1ST!

11345 Venice Blvd, Los Angeles, CA 90066

Price:
Price Not Disclosed
No. Units:
4
Building Size:
3,310 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
2.5%
Occupancy:
100%
Lot Size:
4,748 SF
Find Out More...

Last Verified 11/20/2009 Listing ID 16462474

Description

Ryan Cinelli & Scott Rosenberg of Rosenberg Apartment Group is proud to present a new apartment offering.

BIDS FOR THIS PROPERTY ARE DUE DEC 1ST!

Location: Excellent Mar Vista location, great rental demand due to proximity to beaches, entertainment centers and major employers.

Condition: Well maintained property with newer water heaters, exterior paint, and one fully renovated unit.

This investment is an excellent fit for any investor interested in breaking into the Westside apartment market with minimal up front capital. Historically, 4 unit properties appreciate more quickly than traditional apartment buildings, making this a great choice for investors seeking capital appreciation.

A Financial Summary is attached. A full marketing package is available upon request.

North side of Venice Blvd - West of the 405.

Financial Summary

Unit Mix Information

Actual
Scheduled Gross Income
$61,920
Effective Gross Income
$58,824
Operating Expenses
$15,877
Net Operating Income
$42,947
Pre-Tax Cash Flow
$42,947

Description	No. Units	Avg. Mo. Rent
2 + 1	3	$1,287
1 + 1	1	$1,300

Map of 11345 Venice Blvd, Los Angeles, CA 90066 (Los Angeles County)

Hide Map

Contact Listing Broker to find out more details.

Presented by

Request additional information

Contact Listing Broker

Scott Rosenberg (310) 802-2550

Track changes to this property: Watch This Property
Share this listing: Send to Friend; Link to This Listing

Link
Copy the link above and share via email or IM.; Embed This on Your Web Site; Share on Facebook; Share on LinkedIn; Share on Twitter
Additional Options: Print Listing; View Map; Demographics; Research Price; Get Financing

Created 11/6/2009

Additional Information for 11345 Venice Boulevard, Los Angeles, CA 90066

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 3 Historic Listings
Sales Comparables Available - 2 RecentSales Records

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 11345 Venice Blvd, Los Angeles, CA 90066

Nearby Multifamily properties for saleSearch all commercial real estate for sale

NO Rent Control, Owner may carry
$1,625,000
7 Units
Venice 4-Plex
$749,000
4 Units
11020-11028 Venice Blvd.
$2,550,000
12 Units
3565 S. SEPULVEDA
$3,150,000
20 Units
3912 Sawtelle Blvd.
$749,999
3 Units

Nearby Recently Sold Multifamily propertiesSearch all recently sold commercial real estate

Garden/Low-Rise
Sold 2Q 2005
Garden/Low-Rise
Sold 3Q 2008
Duplex/Triplex
/Fourplex
Sold 4Q 2005
Duplex/Triplex
/Fourplex
Sold 4Q 2005
Duplex/Triplex
/Fourplex
Sold 4Q 2005

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Embed this Listing on Your Website

Multifamily Property For Sale - MAKE YOUR OFFER BY DEC 1ST!

11345 Venice Blvd, Los Angeles, CA, 90066