Active
12616 Venice Blvd
Los Angeles CA, 90066
$23,418,700
$835.99 per sqft
Active
48 Beds
60 Baths
28,013 sqft
Multi-family
Built in 2024
The phenomenal location of 12 community homes can be put under contract now. The construction is substantially done with the Certificates of Occupancy expected by April. Bonus depreciation for materially improved net cash flow years 1-2 by over $500,000. New Construction Warranty (1/4/10 years). Rooftop Decks with views and ocean breezes. Four Ensuite Bedroom/bathrooms plus powder room. Private 2-car side-by-side garages. 12 Individual homes allowing options for exit strategies being able to sell 1-12 homes at any time. Phenomenal location with great walk score, great bike score, and great jobs. Spectacular financing options without recourse or prepayment penalties. Great upside/appreciation forecast from an independent source. No HOA, just a common area maintenance association.
23-339281
MLSⓇ ID
December 14, 2023
Listed
September 13, 2024
Updated
Map
12616 Venice Blvd
Los Angeles CA, 90066
Interior Features
Total Stories
4
Bedrooms
48
Total Bathrooms
60
Appliances
Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Washer, Refrigerator, Range/Oven, Microwave, Dryer
Laundry Description
Laundry Area
Floor Description
Engineered Hardwood, Ceramic Tile
Fireplace
Yes
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Air Conditioning, Multi/Zone
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.34 Acres
Architectual Style
Contemporary
Sewer
In Street Paid
Other Property Details
Area Name
Palms - Mar Vista
Days on Market
102
Garage
Yes
Garage Spaces
24
Parking
Garage - 2 Car, Driveway Gate, Direct Entrance, Side By Side
Parking Total
27
View
Yes
View Description
City Lights, City, Skyline, Mountains, Hills
County
Los Angeles
Water Source
District
Pool
No
Zoning
LAR3
Listed by Paul Wylie with LAMERICA Real Estate
Listing Contact: 323-515-9585
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Amy Um | CA DRE# 01961595 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/13/2024
