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    10800 Venice Boulevard

    Culver City, CA 90232
    • $5,900,000
    • STATUS: Active
    • ON SITE: 53 days
    • ID#: 20624120
    UPDATED: 63 min ago
    $5,900,000
    • 0
      BEDS
    • 0.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:

    School Ratings & Info

    Description

    For sale for the first time in over 50 years, we are pleased to present 10800 Venice Blvd., located in the dynamic and progressive city of Culver City, CA 90232. This 18-Unit apartment community is set within a multiple courtyard layout on a large parcel of land totaling 20,847 SF with +/-208 feet of Venice Blvd. street frontage. Built in 1941, the property is located just +/-1.1 miles from the dramatically revitalized downtown Culver City. Within the existing 18-Units, the composition consists of Sixteen (16) Studio apartments and Two (2) One Bedroom and One Bathroom apartments. There are Sixteen (16) enclosed garages and ample unutilized open common area space for future potential amenities. This block-to-block parcel with +/-208 feet of Venice Blvd. frontage is favorably zoned Culver City RMD - Medium Density Multiple-Family Residential. Sale offering subject to court confirmation and/or possible over-bid proceedings under the Probate Courts Orders or any statutory requirements.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-19T19:32:44.817. 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 Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/109408519
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    10800 Venice Boulevard Culver City, CA 90232

    • Price: $5,900,000
    • Status: Active
    • Updated: 63 min ago
    • ID#: 20624120
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.47
    Acres
    1941
    Built
    Neighborhood:
    C28 - Culver City
    County:
    Los Angeles
    Area:
    C28 - Culver City
    Property Description
    For sale for the first time in over 50 years, we are pleased to present 10800 Venice Blvd., located in the dynamic and progressive city of Culver City, CA 90232. This 18-Unit apartment community is set within a multiple courtyard layout on a large parcel of land totaling 20,847 SF with +/-208 feet of Venice Blvd. street frontage. Built in 1941, the property is located just +/-1.1 miles from the dramatically revitalized downtown Culver City. Within the existing 18-Units, the composition consists of Sixteen (16) Studio apartments and Two (2) One Bedroom and One Bathroom apartments. There are Sixteen (16) enclosed garages and ample unutilized open common area space for future potential amenities. This block-to-block parcel with +/-208 feet of Venice Blvd. frontage is favorably zoned Culver City RMD - Medium Density Multiple-Family Residential. Sale offering subject to court confirmation and/or possible over-bid proceedings under the Probate Courts Orders or any statutory requirements.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Single Door Parking YN Yes

    Property Features

    Country Us Gross Income 238596.00 Gross Multiplier 24.70 Gross Operating Income 236210.00 Net Operating Income 131848.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Probate Listing Total Expenses 104363.00 Vacancy Allowance Rate 0.00 Zoning Ccr4*

    Listing provided courtesy of Nick Astrupgaard of Kw Commercial Studio City and Rich Johns of Kw Commercial Studio City


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-19T19:32:44.817. 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 Keller Williams Realty. Licensed in the State of California, USA.

     
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