Active

12616 Venice Boulevard

Los Angeles CA, 90066

$23,418,700


$835.99 per sqft

Active

48 Beds

60 Baths

28,013 sqft

Residential

Built in 2024

Listed by Paul Wylie with LAMERICA Real Estate 323-515-9585

The phenomenal location of 12 community homes can be put under contract now. The construction is scheduled to be substantially done early February with the Certificates of Occupancy expected by March. Bonus depreciation for materially improved net cash flow years 1-2 by over $500,0002. New Construction Warranty (1/4/10 years). Rooftop Decks with views and ocean breezes. Four Ensuite Bedroom/bathrooms plus powder room. Private 2-car side-by-side garages. 12 Individual homes allowing options for exit strategies being able to sell 1-12 homes at any time. Phenomenal location with great walk score, great bike score, and great jobs. Spectacular financing options without recourse or prepayment penalties. Great upside/appreciation forecast from an independent source. No HOA, just a common area maintenance association.

23339281

MLS ID

December 14, 2023

Listed

February 16, 2024

Updated

Map

12616 Venice Boulevard
Los Angeles CA, 90066

Interior Features

Total Stories

4


Bedrooms

48 Beds


Bathrooms

60 Baths


Appliances

Dishwasher, Disposal, Gas Oven, Microwave, Range, Refrigerator, Range Hood, Dryer, Washer


Fireplace

Yes


Fireplace Description

Living Room


Cooling

No


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.34 Acres


Architectual Style

Contemporary


Sewer

Sewer Tap Paid

Other Property Details

Area Name

C13 - Palms - Mar Vista


Days on Market

47


Garage

Yes


Garage Spaces

24


Parking

Door-Multi, Direct Access, Garage, Side By Side


Parking Total

27


View

Yes


View Description

City Lights, Hills, Mountain(s)


County

Los Angeles


Water Source

Public


Pool

No


Zoning

LAR3


Buyer Agency Compensation

2%

Listing Contact: 323-515-9585 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 4:18 AM UTC

 

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