12034 Venice Boulevard, Los Angeles, CA 90066 - Berkshire Hathaway HomeServices California Properties

12034 Venice Boulevard, Los Angeles, CA 90066

$6,295,000 Approx. USD 0 beds, 0 baths

Listing Agent


Oron Maher | oron@mahercr.com
Lic#: 01299093
Broker: Courtesy of Maher Commercial Realty
Lic#: 02020539
Broker: Courtesy of Maher Commercial Realty

Agent Remarks

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).

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 24402237
List price is $6,295,000 Reduced by $605,000 on 8/1/2024
Price: $6,295,000
Beds: 0
Baths: 0
0.38 acres
Lot size: 0.3770
County: Los Angeles
Zoning: LAC2
MLS area: C13 - Palms - Mar Vista

Last Updated: 2/3/2025

 Days On Market (DOM): 333

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This listing belongs to the C13 - Palms - Mar Vista MLS area

Lat/Long: 34.005310, -118.429612.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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