Active
12034 Venice Boulevard
Los Angeles CA, 90066
$6,295,000
$383.37 per sqft
Active
0.38 Acres
Land
Listed by Oron Maher with Maher Commercial Realty 310-464-1453
Preliminary Plans in place to build up to 72 units, ready for Ministerial Approval, with only 7 income restricted units required. Parking is primary at or above grade, with only one subterranean parking level with 41 spaces. Level 1, on grade, will consist of Cafe and a restaurant to capitalize on the vibrant retail corridor surrounding the project, with 3 commercial spaces and 13 spaces for residents. Level 2 consists of 1 One-Bedroom apartment, 1 Studio apartment, a gym, and 25 parking spaces above grade for residents. Level 3 will consist of 2 two-bedroom units, 1 Studio Unit, and 12 One-Bedroom Units. Level 4-7 will consist of the remaining 55 units. Level 8 proposes a deck with a pool and pickleball court for residents to enjoy. Other amenities include a gym, courtyard, storage, and bicycle parking. The building's height will give residents incredible views of the surrounding city, mountains, and the ocean.While finalizing the planning and permitting process, a buyer can collect approximately $29,000 of gross monthly income from the existing buildings with short term or month to month tenancies. (Project includes 12028-12034 Venice Blvd. APN #4235-024-005 and #4235-024-006).
24402237
MLSⓇ ID
June 10, 2024
Listed
November 22, 2024
Updated
Map
12034 Venice Boulevard
Los Angeles CA, 90066
Exterior/Building Features
Lot Size
0.38 Acres
Other Property Details
Area Name
C13 - Palms - Mar Vista
Days on Market
101
Garage
No
Parking Total
0
View
Yes
View Description
Ocean
County
Los Angeles
Pool
No
Zoning
LAC2
Listing History
Date | Event | Price |
|---|---|---|
8/1/2024 | Price change | $6,295,000 -9% |
Listing Contact: 310-464-1453
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Data last updated on 11/22/2024 at 5:48 PM UTC