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Listing ID22208167
Price$15,950,000
Price/SqFt$581.10
StatusActive
SqFt
27,448
Acres
0.366
CountyLos Angeles
Year Built2023
Property TypeResidential Income
ST Realty Inc is pleased to present the opportunity to acquire a brand new, 29-unit apartment building in Mid City Built-in 2023, The Property, is located at 3617 Venice Blvd. The property offers large, spacious 2 bed 2 bath units with an average square footage of 870 SF. It also includes in unit washer & dryer, stainless steel appliances, two-tone cabinetry, quartz countertops, stylish flooring, mobile-friendly thermostats, Central A/C, and heat, reserved parking and incredible views! The Property is centrally located and a short distance from Culver City, West Adams, Koreatown, Larchmont, Downtown, and Hollywood.
County
Los Angeles
Price Reduction Date
2023-10-18T19:06:42+00:00
Price/SqFt
581.1
Property Type
Residential Income
Year Built
2023
Zoning
LAC2
Appliances
yes
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Heating
yes
Heating Type
Central
Laundry
yes
Laundry Features
Washer Included, Dryer Included
Levels
One
Stories Total
4
Lot Size Area
15952
Lot Size Source
Builder
Lot Size Square Feet
15952
Number Of Buildings
1
Parking
yes
Parking Features
Assigned
Parking Total
32
View
yes
View Type
City Lights
Country
US
MLS Area Major
C16 - Mid Los Angeles
Association
no
Days On Market
476
List Agent State License
01847860
List Office State License
01959494
Lot Size Units
Square Feet
New Construction
no
Number Of Units Total
29
Parcel Number
5072017016
Senior Community
no
Year Built Source
Estimated
Cap Rate
4
Gross Multiplier
16.61
Gross Operating Income
1011396
Net Operating Income
683117
Special Listing Conditions
Standard
Total Expenses
297936
Vacancy Allowance Rate
3
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Any correspondence from IDX pages are routed to Westside Property Group or one of their associates. Last updated Thursday, March 28th, 2024.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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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