12034 Venice Boulevard, Los Angeles, CA 90066

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Property Description

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).


Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address 12034 Venice Boulevard
City Los Angeles
State CA
Zip 90066
County Los Angeles
Listing Agent Oron Maher DRE #01299093
Co-Listing Agent DRE #02020539
Courtesy Of Maher Commercial Realty
List Price $6,295,000
Status Active
Type Land
Structure Size N/A
Lot Size 16,420

Listing information courtesy of: Oron Maher, Maher Commercial Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 2:28 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.