Culver City, CA 90230,11262 Venice BLD
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Culver City, CA 90230,11262 Venice BLD
Culver City, CA 90230,11262 Venice BLD
Culver City, CA 90230,11262 Venice BLD
Culver City, CA 90230,11262 Venice BLD

$1,075,000

Est. payment /mo

$1,300,000

17.3%
Est.Price: ?

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11262 Venice BLD Culver City, CA 90230

5,000 Sqft Lot

SOLD DATE : 04/20/2023

Key Details

Sold Price $1,075,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW22231075

Sold Date 04/20/23

Originating Board California Regional MLS

Year Built 1954

Lot Size 5,000 Sqft

Property Description

. TRUE VALUE-ADD OPPORTUNITY WITH APPROXIMATLEY 75% UPSIDE IN RENTS . CENTRAL WEST LOS ANGELES LOCATION ON VENICE BLVD IN DESIREABLE CULVER CITY . IMMEDIATELY ADJACENT TO 405 FREEWAY AND CLOSE TO METRO EXPO LINE, PROVIDING EASY-ACCESS FOR COMMUTING TENANTS . PLENTY OF STREET PARKING, ALONG WITH TWO, 2-CAR GARAGES . COMMON-AREA LAUNDRY ROOM . 1954 CONSTRUCTION . HISTORICALLY LOW FINANCING AVAILABE FOR MULTI-FAMILY PROPERTIES We are pleased to present a 4-unit apartment building located at 11262 Venice Boulevard in Culver City, California. Built in 1954, the subject property consists of 3,060 rentable square feet, spread throughout a 5,000 square foot lot. The unit-mix consists of two 2-bedroom/ 1-bath units and two 1-bedroom/ 1-bath units. Owners can enjoy the high demand for rentals in West Los Angeles with desirable rental demographics that include educated and affluent young professionals. Tenants enjoy living in close proximity to many employment opportunities, entertainment venues, shopping, and restaurants. Culver City continues to progress forward and is currently experiencing major redevelopments including the Ivy Station project, which includes 500,000 square feet of offices, apartments, a hotel, stores and restaurants. Apple's 550,000 square-foot

Location

State CA

County Los Angeles

Area C28 - Culver City

Interior

Laundry None

Exterior

Garage Spaces 4.0

Pool None

Building

Water District - Public

Others

Tax ID 4214001018

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Kevin King • Marcus & Millichap
Bought with NONE NONE • None MRML
agent

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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