Skip To Content

    12926 Venice Boulevard

    Los Angeles (City), CA 90066
    • $5,250,000
    • STATUS: Active
    • ON SITE: 122 days
    • ID#: 20671032
    UPDATED: 37 min ago
    $5,250,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,968
      SQFT
    • $659
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    Description

    3 Full paying tenants on ground floor, each paying $3.00 NNN. Second floor was two 2-bedroom units and was previously converted for owner-user. No upstairs tenants for 6 years so can be easily converted back to 2 or 3 units, all while covering your costs of ownership by collecting rents from the tenants below. Penthouse has 360 degrees views from every angle and a loft-like living space opens into a 2,000 sf outdoor oasis that includes fire pit, landscaped turf yard, and privacy hedges. C-2 lot so can build up to 27 units by-right. With 6 units it's a going-in 6% cap.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-09T20:31:48.88. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/113046833
    Print Image

    12926 Venice Boulevard Los Angeles (City), CA 90066

    • Price: $5,250,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 20671032
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    7,968
    SQFT
    $659
    $/SQFT
    1954
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    3 Full paying tenants on ground floor, each paying $3.00 NNN. Second floor was two 2-bedroom units and was previously converted for owner-user. No upstairs tenants for 6 years so can be easily converted back to 2 or 3 units, all while covering your costs of ownership by collecting rents from the tenants below. Penthouse has 360 degrees views from every angle and a loft-like living space opens into a 2,000 sf outdoor oasis that includes fire pit, landscaped turf yard, and privacy hedges. C-2 lot so can build up to 27 units by-right. With 6 units it's a going-in 6% cap.
    Exterior Features

    Parking Features Assigned

    Interior Features

    Heating Electric Heating YN Yes Window Features Double Pane Windows

    Property Features

    Disclosures Principal is Real Estate Licensed Gross Income 321738 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 320658 Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasGrounds CareInsuranceManagementTaxesTrash Collection Vacancy Allowance Rate 30 Zoning Lac2

    Listing provided courtesy of Pamela Day of Pamela Day


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-09T20:31:48.88. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365083474-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365083474-1.jpg
    Logo
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094