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10875 Venice Boulevard

Los Angeles (City), CA 90034
  • $3,475,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 22182995
UPDATED: 47 min ago
$3,475,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Listing Agent(s): Gary Fox of Miller & Desatnik Realty Co. (310-202-9166) and Michael Wozniak of Miller & Desatnik Realty Co.(310-202-9166)


Description

This is a wonderful opportunity for an investor to purchase a unique property with strong rental income located in a prime West Los Angeles Location. 10875 Venice Blvd. consists of two commercial spaces, 4 apartments and a cell tower on one lot. The property is being sold along with a single family home on an adjoining lot located at 3759 Midvale Ave. The total asking price is $3,475,000. One of the commercial spaces are occupied by a furniture store rented at $3,853 per month and the other space is rented by a t-shirt company at $4,075 per month. The single family home monthly rent is $2,545 and the cell tower monthly rent is $1,550. The estimated square footage of each structure is as follows: the commercial space with the furniture store & 4 apartments total 4,964 Sq. Ft, the t-shirt company is in a separate structure that is estimated at 1,890 Sq. Ft., and the single family home is 936 Sq. Ft.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T11:29:53.567. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
www.amayarealestategroup.com/homes/131288261
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10875 Venice Boulevard Los Angeles (City), CA 90034

  • Price: $3,475,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 47 min ago
  • ID#: 22182995
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1924
Built
Neighborhood:
C13 - Palms - Mar Vista
County:
Los Angeles
Area:
C13 - Palms - Mar Vista
Property Description
This is a wonderful opportunity for an investor to purchase a unique property with strong rental income located in a prime West Los Angeles Location. 10875 Venice Blvd. consists of two commercial spaces, 4 apartments and a cell tower on one lot. The property is being sold along with a single family home on an adjoining lot located at 3759 Midvale Ave. The total asking price is $3,475,000. One of the commercial spaces are occupied by a furniture store rented at $3,853 per month and the other space is rented by a t-shirt company at $4,075 per month. The single family home monthly rent is $2,545 and the cell tower monthly rent is $1,550. The estimated square footage of each structure is as follows: the commercial space with the furniture store & 4 apartments total 4,964 Sq. Ft, the t-shirt company is in a separate structure that is estimated at 1,890 Sq. Ft., and the single family home is 936 Sq. Ft.
Exterior Features

Parking Features Door-MultiGarage Parking Total 3

Interior Features

Appliances Refrigerator Cooling None Cooling YN No

Property Features

Association Fee 0 Gross Income 219756 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 121610 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T11:29:53.567. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369452590-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369452590-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369452590-1.jpg
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Nest Real Estate
21804 Cactus Ave ste 101
Riverside CA, 92518
Listing Agent(s): Gary Fox of Miller & Desatnik Realty Co. (310-202-9166) and Michael Wozniak of Miller & Desatnik Realty Co.(310-202-9166)