Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Quick View

  • Status:Active
  • Square Foot:9,652
  • Lot Size:0.32 Acres
  • Community:Palms - Mar Vista
  • Zip Code:90066
  • Property Type:Residential Income
  • List Date:Wed, Sep 13 2017

Property Description

Please contact broker for a full marketing package. Prime Mar Vista location 11-unit multi-family property consisting of 3 buildings on a large double lot of over 14,000 S.F. suitable to develop luxury condominiums. The Property features an excellent mix of 8-two bedroom one bath + dining area, 2-one bedroom one bath units and 1-three bedroom two bath unit suitable for an owner/user. The property is separately metered for gas and electricity minimizing the owner's expenses. The property also features a laundry room for the convenience of the residents and additional monthly income as the machines are owned by the seller. With significant upside of approximately 44% in rents, a savvy investor will be able to increase the cash flow of the property and add value to the asset by increasing the rents as the units turnover.

Property Details

Essential Information

  • MLS #17270154
  • Price$4,600,000
  • Square Footage9,652
  • Acres0.32
  • Year Built1948
  • TypeResidential Income
  • StatusActive


  • AppliancesNone
  • CoolingNone
  • # of Stories2

Listing Details

  • Listing AgentRamin Gheitanchi
  • Listing OfficeCharles Dunn West La

Community Information

  • Address12518 Venice
  • AreaPalms - Mar Vista
  • CityLos Angeles
  • CountyLos Angeles
  • StateCA
  • Zip Code90066

Additional Information

  • Zip Code90066

Similar Homes For Sale in Los Angeles (City)

Photo of Listing #17253854

3710 1/2 Glendon Avenue

Los Angeles (City)
$5,400,000   /    
Photo of Listing #17269590

10203 Tabor Street

Los Angeles (City)
$3,750,000   /   7,805 SF
Photo of Listing #17274822

3715 Midvale Avenue

Los Angeles (City)
$3,850,000   /   8,128 SF
Photo of Listing #17240432

6753 Selma Avenue

Los Angeles (City)
$3,450,000   /   5,288 SF
Photo of Listing #17235382

1337 W 36th Place

Los Angeles (City)
$3,500,000   /   4,142 SF
Photo of Listing #PW17157191

1134 S Normandie Avenue

Los Angeles (City)
$3,500,000   /   6,499 SF
Photo of Listing #17280918

321 S Hamel Road

Los Angeles (City)
$3,600,000   /   6,490 SF
Photo of Listing #DW17049693

11703 S Berendo Avenue

Los Angeles (City)
$3,790,000   /   12,240 SF
Photo of Listing #17271756

1548 Micheltorena Street

Los Angeles (City)
$3,900,000   /   3,770 SF
Photo of Listing #817000143

2756 James M Wood Boulevard

Los Angeles (City)
$3,950,000   /    
Photo of Listing #17278226

908 S New Hampshire Avenue

Los Angeles (City)
$4,090,000   /   12,728 SF
Photo of Listing #PW17133543

1212 W 107th Street

Los Angeles (City)
$4,200,000   /   15,339 SF

Contact Us

Please provide a valid email address.