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    2460 Venice Blvd

    Los Angeles, CA 90019
    • $3,925,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 20-628498
    UPDATED: 55 min ago
    $3,925,000
    • 19
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,434
      SQFT
    • $465
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    The Venice Blvd. Apartment Complex is a 14 unit apartment building located in Mid-City area of Los Angeles. The building has a great mix; (5) 2bed / 1 bath units, (9) 1bed / 1bath units. There is parking on an adjacent carport and open parking spaces. All of the tenants are current on rents and theres a significant upside potential in rents. The property is in a TIER 2 within the Transit Oriented Communities (TOC).

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-28T13:43:09.927. 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/109733841
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    2460 Venice Blvd Los Angeles, CA 90019

    • Price: $3,925,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 20-628498
    19
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    8,434
    SQFT
    $465
    $/SQFT
    1951
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    The Venice Blvd. Apartment Complex is a 14 unit apartment building located in Mid-City area of Los Angeles. The building has a great mix; (5) 2bed / 1 bath units, (9) 1bed / 1bath units. There is parking on an adjacent carport and open parking spaces. All of the tenants are current on rents and theres a significant upside potential in rents. The property is in a TIER 2 within the Transit Oriented Communities (TOC).
    Exterior Features

    Carport Spaces Total 6 Covered Parking 6 Direction Faces North Entry Location Ground Level W/Steps Exterior Construction Stucco Garage Structures Total 1 Levels Two Lot Description Front Yard Lot Location City Lot Size Area 12513 Other Structures Accessory Bldgs Parking Garage Carport Patio Features None Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Sprinklers None Style Traditional Tennis Court None Tennis YN No Total Parking 8 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 14.00 Cooking Appliances Gas Cooling Wall Unit(S) Equipment Ceiling FanWasherDryer Fireplace Rooms None Flooring CarpetLaminateTile Foundation Details Block Heating Wall Interior Features 2 Staircases Laundry RoomOutsideCommunityLaundry Area Laundry Equipment Own Water Heater Features Gas

    Property Features

    ADACompliance No Alley YN No Assessed Total Value 1927800 Disability Access None Gross Income 2400 Gross Operating Income 210240 Land Lease Type Fee Like Units1 5 Like Units2 9 Net Operating Income 140620.80 Number Of Buildings 1 Number Of Units 14 Owner Pays GasWaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)GatedSmoke Detector Sewer On Site Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 63384.00 Type Of Units Apartments Water Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Cesar Gonzalez DRE#01864871 of Keller Williams Realty Encino-Sherman Oa.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-28T13:43:09.927. 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