10875 Venice Blvd

Los Angeles, CA, 90034

$2,700,000

$395 per ft²
$2,700,000
$395 per ft²
Sold
Sold
beds
4 Beds
baths
4 Baths
carpenters-square
6,834 ft²
property_type
Multi-family
calendar
Built 1924
This is a wonderful opportunity for an investor to purchase a unique property with strong rental income located in a prime West Los Angeles Location. 10875 Venice Blvd. consists of two commercial spaces, 4 apartments and a cell tower on one lot. The property is being sold along with a single family home on an adjoining lot located at 3759 Midvale Ave. The total asking price is $2,975,000. One of the commercial spaces is occupied by a furniture store rented at $3,853 per month and the other space is rented by a t-shirt company at $4,075 per month. The monthly rental income for the apartments is projected at $6,590, the single family home monthly rent is $2,545 and the cell tower monthly rent is $1,550. The estimated square footage of each structure is as follows: the commercial space with the furniture store & 4 apartments total 4,964 Sq. Ft, the t-shirt company is in a separate structure that is estimated at 1,890 Sq. Ft., and the single family home is 936 Sq. Ft.
MLS® ID:
23-229279
Listed:
1/3/23
Updated:
3/31/23
Sotheby's International Realty
Shelton Wilder Group
Mobile: (310) 997-7059Email: shelton@sheltonwilder.com

Interior Features

Total Bedrooms
4
Total Bathrooms
4
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
4,964 ft² lot
Exterior Features
Other

Other Property Details

Garage
No
Parking
Other
Parking Total
3.0
View
Y
County
Los Angeles
Pool
No
Zoning
LAC2

Property History

Date
Event
Price
Value
3/9/23
Pending
-
-
3/13/23
Price Change
$2,700,000
-9%
3/13/23
Sold
-
-

Courtesy of Miller & Desatnik Realty Co., Gary Fox,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Shelton Wilder Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/31/23

Sotheby's International Realty
Shelton Wilder Group
Mobile: (310) 997-7059Email: shelton@sheltonwilder.com
Contact