Sold For $3,325,000 on June 11, 2024
2176 S Venice Boulevard
Los Angeles, California 90006
  • Neighborhood:Harvard Heights
    • 9311 SqFt
    • Built 1963
  • Status:Sold
  • MLS:CL24364967
  • Last Updated:about 1 year ago

Overview

17-unit value-add opportunity priced at only 214k/door with a remarkable Current Cap Rate of 6.25% and 11.4 GRM and an incredible upside potential to 10.48% Cap Rate and 7.61 GRM on proforma. The property consists of 14 units plus 3 brand-new attache

Listing courtesy of Julio Ruiz, Global Platinum Properties, Inc. Bought with Alam Khandakar, TRT CAPITAL
    2176 S Venice Boulevard

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    Property Details

    Key Details

    • Property TypeOther
    • Sq. Ft.9311
    • $/Sq. Ft.$357
    • Built In1963
    • Days on neighborhoods.com430

    Exterior Features

    Parking/Garage
    • Garage (Y/N)No
    • Carport (Y/N)No
    • Parking FeaturesCovered, Other, Uncovered, Parking Space

    Interior Features

    Features
    • Sq. Ft.9311
    Utilities
    • Heating (Y/N)Yes
    • Heating TypeWall Furnace

    Property Lot

    Property Features
    • Property Subtype 1Other
    Location Information
    • CountyLos Angeles
    Lot Information
    • Lot Sq. Ft.10015
    • Lot Size Area0.23
    • Living Area9311
    • Living Area UnitsSquare Feet
    • Acres0.23
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