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11848 Venice Blvd
Los Angeles, CA 90066
Developers, Investors, ADU Builders · Multifamily Property For Sale
·
7 Units
Investment Highlights
- Rare Value-Add Opportunity in Prime Mar Vista Neighborhood
- 14,133 SF - Priced to Sell || Zoned R3 || TOC Tier 1 || ED 1 Eligible || Tenant Occupied
- Ideal for Builders, Developers, Contractors, Buy-and-Hold or Fix-and-Flip Buyers Seeking Long-Term or Short-Term Upside
- TWO SEPARATE PARCELS || 11848 Venice Blvd (3 Units), 7,089SF, APN 4214-017-032 || 11856 Venice Blvd (4 units), 7,044SF, APN 4214-017-033
- Detached Carport/Garage in the Rear Provides ADU Potential (buyer to verify)
- Can be Purchased TOGETHER OR SEPARATE - Seller Motivated, Bring Offers!!!
Property Facts
| No. Units | 7 | Building Size | 14,133 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | C | Year Built | 1952 |
| Lot Size | 0.32 AC | ||
| Zoning | LAR3 - 14,133 SF Zoned LAR3 and eligible for ED1 and Tier 1 TOC (Transit Oriented Community). Currently side by side properties w/ 2 separate APNs. | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 14,133 SF |
| Average Occupancy | 85% |
| No. Stories | 1 |
| Year Built | 1952 |
| Zoning | LAR3 - 14,133 SF Zoned LAR3 and eligible for ED1 and Tier 1 TOC (Transit Oriented Community). Currently side by side properties w/ 2 separate APNs. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $1,497 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $368,117 | |
| Land Assessment | $3,391,174 | Total Assessment | $3,759,291 |
Property Taxes
Parcel Numbers
Land Assessment
$3,391,174
Improvements Assessment
$368,117
Total Assessment
$3,759,291
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