Listed by Fred Leeds Asset Group
$1,800,000
11262 Venice Blvd
Details
APN 4214-001-018
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,500
Net Rentable (SqFt) 4,500
Units 6
Cap Rate 5.61%
NOI $100,901
Occupancy 66%
Pro-Forma Cap Rate 8.67%
Pro-Forma NOI $156,067
Price per SqFt $400
Year Built 1954/2025
Year Renovated 2025
Buildings 2
Stories 2
Lot Size (SqFt) 5,000
Multifamily | 6 Units | $300,000/unit
Marketing description
Two 2025-built units, Non Rent Controlled, delivered VACANT at close. Four occupied units. Unit mix includes 1 bed 1 bath, 2 bed 1 bath, and 2 bed 2 bath. Laundry hookups, separately metered gas and electric. Located minutes from LAX, Santa Monica, Venice, Marina del Rey, and Playa Vista. Do not disturb tenants. By appointment only. Contact agent for OM.
Listing Contacts
Listed by Fred Leeds Asset Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,901.00
$8,408.42/mo
Valuation Metrics
0
DSCR
5.61%
Cap Rate
5.61%
ROI
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