11473 Venice Boulevard, Los Angeles, California 90066

12.48 GRM and 5.06% cap in Prime Mar Vista!

11465-11473 Venice Blvd is an amazing opportunity to own two side

by side courtyard 7 unit buildings at $339/Sq. Ft.

You will not find a better price per door or a better unit mix in the

most coveted market in Los Angeles. The property has an

astounding 56% rental upside. Whether you are long term or a

value-add investor, The Venice Properties are the perfect assets to

help achieve your investment goals.

The Venice Properties feature 14 units and a large foot print of

12,090 rentable square feet. Each building is identical to the other

with a combined unit mix of (10) 2-Bed/1-Bath,and (4) 1-Bed/1-

Bath Units. Just steps from Downtown Culver City, this investment

is in one of the most sought-after neighborhoods on the Westside.

Priced at $4,100,000 the property offer a very low $292k per unit

and $339 Sq Ft. The property is currently operating at 12.48 GRM

with 56% in Rental Upside!

This well maintained asset comes with a brand new roof across

both structures and the soft story retrofit completed, minimizing

any CapEx for the new buyer.

The Venice Properties are sandwiched between new tech

companies such as Google, Meta, Snapchat, Hulu, Sony, HBO and

Apple

*GRM and Cap Rate income assume Manager’s Unit to be vacant

and rented at Market Rate