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8736 Venice Blvd
Los Angeles, CA 90034


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Property Remarks

Incredible opportunity to acquire a 2016 built, non-rent control asset in prime Los Angeles. This project has 4 buildings that consist of 8 total units (3 x large studios, 1 x one bedroom, 3 x two-bedroom plus den, 1 x three-bedroom). ALL UNITS ARE CURRENTLY VACANT. VERY EASY TO LEASE OUT. All units have modern features including: open oor plans, high ceilings, recessed LED lighting, frameless windows, stainless steel appliances, washer/dryers, central air and heat, large outdoor space, and tons of parking. The upper units have amazing city views, as well. All utilities are individually metered except the water is every 2 units. This project is legally 4 duplexes with 4 separate APNs, which makes it possible to sell a duplex individually. Next to Helm's Bakery, Father's Office, The Platform, Culver City Art's District, downtown Culver City, Expo line Metro stop, 10 & 405 Freeways.

Property Details

MLS#
18309162
Days on Market
16
Stories
3
Building/Living Area (sq ft)
10,733
Source of SqFt
Developer
Source of Lot Size
Public Records

Location

State
CA
County
Los Angeles
Area
Mid Los Angeles (C16)

Presented By:

Listing provided courtesy of Matthew Paul , Rodeo Realty Inc.


Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Interior

Cooking Appliances
Microwave
Range
Equip/Appliances
Dishwasher
Dryer
Garbage Disposal
Refrigerator
Washer

Additional Property Details

Number of Units
8
Parking Spaces
13
Number of Buildings
4
Gross Operating Income
$391,200
Total Expense
$109,340
ADA Compliance
No

AC/Cooling
Air Conditioning
Central A/C
Heating
Central Furnace
Parking
Garage - 4+ Doors
Complex/Association
Name
Venice Blvd Urban Dwellings

Culver City

Culver City has always been fueled by industry and innovation. It was home to early film studios, one of Southern California’s first shopping malls, and a plant for Hughes Aviation. Development and revitalization as well as a continued role in entertainment with Sony Pictures Entertainment and other studios and networks doing business in the area, has given Culver City a new reputation for great art galleries, hip dining, and accessible urban living.

Real Estate: Culver City real estate includes a variety of options from smaller single family homes to multi-family houses, condos, apartment buildings, and new development. Neighborhoods in Culver City include Jefferson, Blair Hills, Fox Hills, and Clarkdale.

Community Life: Downtown Culver City includes outdoor cafes, intriguing retail boutiques, plenty of local art galleries and lots of creative office space. The Culver City Farmers Market is on Tuesday evenings. The Helms Bakery is a former bakery refurbished into a retail district with restaurants and a unique collection of design and home furnishings stores.

Education: Culver City is served by the Culver City Unified School District which has five elementary schools, a middle school, and two high schools including Culver Park which is a continuation high school. The city also offers the CCUSD iAcademy, a blended education model that combines independent online study with site-based learning. Local private schools include Star Prep Academy and Wildwood School. West Los Angeles College and Antioch College are also located nearby.

Transportation: This area is easily accessed by the 10 Freeway. The Culver City Bus serves Culver City and surrounding communities. The Expo line also runs to Culver City

Local Attractions: The Sony Pictures Tour is a popular destination for tourists. The Wende Museum preserves Cold War artifacts and history. Legendary car customizer George Barris hosts a car show in Culver City each spring. The Fiesta La Ballona takes place over the summer in Veterans Park and includes rides, games, live performances, food trucks, and more.

Community Explorer

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