Log In/Sign Up
12028-12032 Venice Blvd
Los Angeles, CA 90066
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Retail and residential building with an easy cap rate of 4.5% without without relocating any residential tenants
- All of the retail and commercial tenants are on month-to-month leases allowing the opportunity to raise commercial rents
- Relocating residential tenants adds an ADDITIONAL 20% upside in rents
- Two six residential 1-bedroom apartments, two retail stores, four office suites, and two single car garages
- Pro forma income of $187,560 net bringing your total building NOI to $221,773
- Located one block from the Mar Vista Farmer's Market
Property Facts
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $2,075 | 412 - 1,233 |
Property Taxes
| Parcel Number | 4235-024-005 | Improvements Assessment | $285,600 |
| Land Assessment | $2,560,200 | Total Assessment | $2,845,800 |
Property Taxes
Parcel Number
4235-024-005
Land Assessment
$2,560,200
Improvements Assessment
$285,600
Total Assessment
$2,845,800
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
