Los Angeles CA Multi Family for Sale
$2,995,000
12028 Venice Boulevard Los Angeles, CA 90066
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- CL24354063
View additional info
Courtesy: Maher Commercial Realty
ADDITIONAL INFORMATION
Located one block from the Mar Vista Farmer's Market is this rare Venice Blvd retail and residential building with an easy cap rate of 7.3% without relocating any residential tenants. The property currently has two six residential 1-bedroom apartments, two retail stores, four office suites, and two single car garages. Two One-Car Garages can be Converted into One Studio ADU, Making Seven Total Residential Units. All of the retail and commercial tenants are on month-to-month leases allowing the opportunity to raise commercial rents to a reasonable pro forma income of $187,560 net and bringing your total building NOI to $221,773 or a 7.3% cap rate. Relocating residential tenants adds an ADDITIONAL 20% upside in rents. The front building is two stories and features approximately 2,442 square feet of ground floor retail and commercial space and four 1 bedroom/1-bathroom apartments on the second floor. The second building is a two-story duplex, each unit of which is a 1 bedroom/1 bath that occupies one floor. In between the two buildings are two free-standing parking garages and one assigned parking spaces for each tenant. The property has a generous 8,248 square foot lot zoned C2 that can be combined with additional square footage of approximately 374 square feet given the abutting a
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.09 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- CL24344977
View additional info
Courtesy: RE/MAX ESTATE PROPERTIES
ADDITIONAL INFORMATION
The property consists of four strategically positioned units in the prime West Los Angeles (WLA) area, featuring a unit mix of two 2+1 units and two 1+1 units. Noteworthy amenities include three single-car garages at the rear, accessible through the alley, and an additional off-street parking space in the front. Each unit is equipped with individual meters, and all units have long-term tenants currently paying below-market rents. This property presents a promising opportunity for investors interested in potential development projects. Whether the focus is on adding an Accessory Dwelling Unit (ADU) or gradually adjusting rents to align with market rates, there are various avenues to leverage the property's advantageous location and potential. These strategic measures have the potential to significantly increase the property's overall value over time. However, all potential buyers need to be aware of and thoroughly investigate Los Angeles rent control regulations and restrictions before proceeding with any plans. Understanding these factors is crucial for making informed decisions in the dynamic real estate market of Los Angeles.
$22,295,000
11830 Courtleigh Drive Los Angeles, CA 90066
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.37 Acres
- Year built:
- 2019
- Baths:
- MLS#:
- CL23303959
View additional info
Courtesy: Miller & Desatnik Realty Co.
ADDITIONAL INFORMATION
11830 Courtleigh Dr. is an impeccably designed 30 unit trophy building located in the heart of Mar Vista. The property boasts a contemporary aesthetic, both inside and out, featuring sleek designs with large windows that invite natural light The building consists of an eclectic mix of spacious units, catering to various lifestyles. The unit mix consists of 1 Oversized Studio + 1 Bath Unit, 8 One Bedroom + One Bath Units, 11 Three Bedroom + Two Bath Units, and 10 Loft + Bonus + 2 Bath Units. The interior spaces showcase premium finishes and fixtures, offering residents a luxurious living experience. Modern appliances, elegant flooring, and stylish cabinetry are just a few examples of the attention to detail. Residents can indulge in a variety of amenities including open floor plans, polished concrete and luxury vinyl flooring, low noise technology featuring double walls with insulation to ensure privacy, laundry with private in-unit washer and dryer, Nest brand thermostats, prewiring for DirecTV, Internet, and telephone, package concierge service. The building benefits from its proximity to major entertainment and media tech hubs making it an attractive option for professionals seeking both convenience and comfort. Only a short distance to major entertainment & tech companies incl
$7,300,000
12412 Pacific Avenue Los Angeles, CA 90066
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 2011
- Baths:
- MLS#:
- CL22226173
View additional info
Courtesy: Sotheby's International Realty
ADDITIONAL INFORMATION
First time on the Market! Located in the heart of Mar Vista, well known as one of the most upcoming and trendy areas on the West Side. 12412 Pacific Avenue is a 12 unit, relatively new apartment building built to the highest standards in 2011. 100% occupied, Pacific Avenue has large one bedroom and 1+1/1/2-bathroom townhome style units. Ten units have a bedroom and master bathroom on the second floor, with the living room, kitchen, and half bath on the third floor. Secured entrance assigned parking is conveniently located in the building. All units have an oversized, private rooftop deck accessible through a third story staircase. Unit amenities include laundry washer/dryer in all units. All units have very rare Private Rooftop Decks. Qortstone Countertops and Hardwood Floors Stainless Steel Appliances: Gas Stove/Range, Fridge, Dishwasher, Microwave Cable ready Dual pane windows, mirrored closets, central air, and air conditioning. The living rooms feature hardwood floors while the bathrooms feature modern, ceramic tile flooring. Perfectly located near Silicone Beach, Venice Pier and Boardwalk, Santa Monica, Century City and Culver City and other beach cities that are easily accessible. Transportation options are endless when you are so close by the MTA Expo Line and the BLUE BUS
Los Angeles Real Estate
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90066 has a population of 3,902,440. Los Angeles 90066 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90066 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90066 is 36.2 years.
Los Angeles Weather
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.