Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90066 12715 12717 Venice Boulevard

Pending
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Presented By: Robert Renshaw with REMAX COMMERCIAL & INVESTMENT REALTY;
  • MLS# 25520903
  • 04/04/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 9
  • SQFT • 3,748
  • Garage • 1
  • Year Built • 1954

Home Details

CAN BE PURCHASED INDIVIDUALLY OR WITH 12665 VENICE AND 3637 MENTONE AS A PORTFOLIO. We are pleased to present the exclusive opportunity to acquire a well-located, professionally managed multifamily property on LA's Westside. Situated in the perennially hip and highly popular Mar Vista neighborhood, 12715 & 12717 Venice Boulevard contains two separate parcels with two structures, a triplex and a 6-unit building, built in 1954 and 1956, respectively. The apartments consist of four 1-bed/1-bath units, two studios, and three bachelors. Units boast spacious layouts with new flooring in many instances. There is off-street parking, low maintenance landscaping, and separate meters for gas and electricity. At an incredibly low cost per unit basis, 12715 & 12717 Venice truly offers the astute investor an excellent turnkey property with a tremendous foundation for income and cap rate growth as well as long-term asset appreciation.
Presented By: Robert Renshaw with REMAX COMMERCIAL & INVESTMENT REALTY;

Interior Features for 12715 12717 Venice Boulevard

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths9
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
LivingAreaSourceAssessor
Total Stories2

General for 12715 12717 Venice Boulevard

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.91
Carport Y/NNo
CityLos Angeles
CoolingWallWindowUnits
CountyLos Angeles
DirectionsBetween May Street & Wade Street
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income147312.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet6134.0
Lot Size UnitsSquareFeet
MLS AreaC13 - Palms - Mar Vista
MobileHomeRemainsYNNo
Net Operating Income85854.0
New ConstructionNo
Number Of Units Total9
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Year Built1954
ZoningLAR3

Exterior for 12715 12717 Venice Boulevard

Building Area Total3748.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1408
Lot Size Area6134.0
Lot Size SourceAssessor
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDoorMulti, Garage, Uncovered
Private PoolNo
SpaNo
Total Parking6.0
WaterfrontY/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $1,750,000
MLS#25520903
List Date 04/04/2025
Property Type Pending
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Request Info
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