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

The phenomenal location of 12 community homes can be put under contract now. The construction is substantially done with the Certificates of Occupancy expected by April. Bonus depreciation for materially improved net cash flow years 1-2 by over $500,000. 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

May 9, 2024

Updated

Map

12616 Venice Boulevard
Los Angeles CA, 90066

Interior Features

Total Stories

4


Bedrooms

48


Total Bathrooms

60


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

102


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%

Listed by Paul Wylie, LAMERICA Real Estate, CA DRE 00908469

Listing Contact: 323-515-9585 

Based on information from the CRISNet MLS as of 5/9/2024, 2:29 PM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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