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$1,750,000
Est. payment /mo
4 Beds
9 Baths
3,748 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,748 sqft
Price per Sqft $466
MLS Listing ID 25520903
Bedrooms 4
HOA Y/N No
Year Built 1954
Lot Size 6,133 Sqft
Property Description
CAN BE PURCHASED INDIVIDUALLY OR WITH 12665 VENICE AND 3637 MENTONE AS A PORTFOLIO. We are pleased to present the exclusive opportunity to acquire a well-located, professionally managed multifamily property on LA's Westside. Situated in the perennially hip and highly popular Mar Vista neighborhood, 12715 & 12717 Venice Boulevard contains two separate parcels with two structures, a triplex and a 6-unit building, built in 1954 and 1956, respectively. The apartments consist of four 1-bed/1-bath units, two studios, and three bachelors. Units boast spacious layouts with new flooring in many instances. There is off-street parking, low maintenance landscaping, and separate meters for gas and electricity. At an incredibly low cost per unit basis, 12715 & 12717 Venice truly offers the astute investor an excellent turnkey property with a tremendous foundation for income and cap rate growth as well as long-term asset appreciation.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Door-Multi, Garage, Uncovered
Total Parking Spaces 6
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4246032031
Special Listing Condition Standard
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Listed by Robert Renshaw • REMAX COMMERCIAL & INVESTMENT REALTY
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