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    10800 Venice Blvd

    Culver City, CA 90232
    • $5,900,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: 20-624120
    UPDATED: 30 min ago
    $5,900,000
    • 2
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,114
      SQFT
    • $829
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:
    Area:

    School Ratings & Info

    Description

    For sale for the first time in over 50 years, we are pleased to present 10800 Venice Blvd., located in the dynamic and progressive city of Culver City, CA 90232. This 18-Unit apartment community is set within a multiple courtyard layout on a large parcel of land totaling 20,847 SF with +/-208 feet of Venice Blvd. street frontage. Built in 1941, the property is located just +/-1.1 miles from the dramatically revitalized downtown Culver City. Within the existing 18-Units, the composition consists of Sixteen (16) Studio apartments and Two (2) One Bedroom and One Bathroom apartments. There are Sixteen (16) enclosed garages and ample unutilized open common area space for future potential amenities. This block-to-block parcel with +/-208 feet of Venice Blvd. frontage is favorably zoned Culver City RMD - Medium Density Multiple-Family Residential. Sale offering subject to court confirmation and/or possible over-bid proceedings under the Probate Courts Orders or any statutory requirements.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-27T21:42:14.527. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/109407128
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    10800 Venice Blvd Culver City, CA 90232

    • Price: $5,900,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: 20-624120
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    7,114
    SQFT
    $829
    $/SQFT
    1941
    Built
    Neighborhood:
    Culver City
    County:
    Los Angeles
    Area:
    Culver City
    Property Description
    For sale for the first time in over 50 years, we are pleased to present 10800 Venice Blvd., located in the dynamic and progressive city of Culver City, CA 90232. This 18-Unit apartment community is set within a multiple courtyard layout on a large parcel of land totaling 20,847 SF with +/-208 feet of Venice Blvd. street frontage. Built in 1941, the property is located just +/-1.1 miles from the dramatically revitalized downtown Culver City. Within the existing 18-Units, the composition consists of Sixteen (16) Studio apartments and Two (2) One Bedroom and One Bathroom apartments. There are Sixteen (16) enclosed garages and ample unutilized open common area space for future potential amenities. This block-to-block parcel with +/-208 feet of Venice Blvd. frontage is favorably zoned Culver City RMD - Medium Density Multiple-Family Residential. Sale offering subject to court confirmation and/or possible over-bid proceedings under the Probate Courts Orders or any statutory requirements.
    Exterior Features

    Covered Parking 16 Lot Size Area 20875 Other Structures None Parking Garage Garage - 1 Car Total Parking 16

    Interior Features

    Baths Total 18.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 294646 Gross Income 238596 Gross Operating Income 236210 Like Units1 16 Like Units2 2 Net Operating Income 131848.00 Number Of Buildings 9 Number Of Units 18 Rent Control YN Yes Sale Type Probate Listing Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 104363 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Ccr4*

    Listing provided courtesy of Nick Astrupgaard DRE#01893466 of Kw Commercial Studio City.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-27T21:42:14.527. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355