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1475 Venice Blvd
Los Angeles, CA 90006 Harvard Heights

$1,995,000 USD

Apartments For Sale  •  6,766 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,766 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1954
  • Cap Rate 5.30 %
  • Zoning LACM
69 Transit Score
91 Walk Score

Highlights

Outstanding Value Add Opportunity!!!
Excellent, Assumable Financing in the Approximate Amount of $1,260,000 at 3.8%, Fixed until July 2029!!!
Great walk Score of 89!!! Close Proximity to Metro Local Lines Along Pico & Venice Blvd's!!!
Freeway Access to Westside Beaches (10 fwy), Hollywood & K-Town (101 fwy), LAX & South Bay via the 110 & 405 Freeways!!!
Spacious One Bedroom One Bath Apartments with Huge Upside Potential!!!

Property Flyers

Financial Summary (Actual)

Net Operating Income: $105,786 USD (2024)
Cap Rate: 5.30 %
Total Expenses: $61,075 USD

Major Tenants

Tenant SF Occupied Lease End Date
Litwin Family Trust

Public Transportation

Commuter RailDriveWalkDistance
9 min - 3.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 4.1 mi
AirportDriveWalkDistance
Los Angeles International 23 min - 13.2 mi
Bob Hope 28 min - 14.1 mi
Long Beach (Daugherty Field) 31 min - 22.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Mark Konopaske 213-220-9800 Lee & Associates - ISG
Mark Konopaske 213-220-9800 Lee & Associates - ISG