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12756 Venice Blvd
Los Angeles, CA 90066 Mar Vista

$6,900,000 USD

Apartments For Sale • 18,265 SF

Property Details

Property Type Apartments
Total Building Size 18,265 SF
Lot Size 0.34 AC
Building Class B
Year Built 1972
Cap Rate 4.91 %
Zoning LAR3

50 Transit Score

91 Walk Score

                
                    Highlights
                
                                First time on market in 50+ years
                            
                                ±$3.7M Chase loan at 3.21% fixed through 2029
                            
                                8 units fully renovated with modern finishes
                            
                                Central landscaped courtyard with outdoor seating
                            
                                Abundant Parking -38 total parking spaces
                            
                                Seismic retrofit completed; electrical sub panels upgraded

Financial Summary (Actual)

Net Operating Income: $338,798 USD (2024)

Cap Rate:	4.91 %
Total Expenses:	$195,944 USD

Amenities

24 Hour Access
Cable Ready
Controlled Access
Tenant Controlled HVAC
Hardwood Floors
Refrigerator
Oven
Stainless Steel Appliances
Range
Tub/Shower
Vinyl Flooring
Smoke Detector
Walk-Up
Quartz Countertops

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	13 min	-	6.5 mi
Bob Hope	33 min	-	22.5 mi
Long Beach (Daugherty Field)	33 min	-	25.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	38
Type:	Covered
Included in Rent:	Yes

Don Favia 424-377-7027 Realty Investment Advisors

12756 Venice Blvd Los Angeles, CA 90066 Mar Vista