ST Realty Inc is pleased to present the opportunity to acquire a brand new, 29-unit apartment building in Mid City Built-in 2023, The Property, is located at 3617 Venice Blvd. The property offers large, spacious 2 bed 2 bath units with an average square footage of 870 SF. It also includes in unit washer & dryer, stainless steel appliances, two-tone cabinetry, quartz countertops, stylish flooring, mobile-friendly thermostats, Central A/C, and heat, reserved parking and incredible views! The Property is centrally located and a short distance from Culver City, West Adams, Koreatown, Larchmont, Downtown, and Hollywood.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 57
- Full Bathrooms: 57
Appliances
- Laundry Facilities: In Unit
- Laundry Features: In Unit
Heating and Cooling
- Cooling Features: Air Conditioning
- Heating Features: Central
Garage and Parking
- Covered Spaces: 32
- Garage Description: Assigned
- Parking Total: 32
Land Info
- Lot Size Acres: 0.3662075
- Lot Size Source: Builder
- Lot Size Square Feet: 15952
Home Features
- View: City Lights, City
- Other Equipment: Dishwasher, Elevator, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Washer, Refrigerator, Range/Oven
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 29
- Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 960000, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 28800, 3 BathsTotal: 1, 3 SquareFeet: 24000
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Cap Rate: 4
- Directions: google
- Source Property Type: Residential Income
- Area: Mid Los Angeles
- Source Neighborhood: Mid Los Angeles
- Parcel Number: 5072-017-016
- Zoning: LAC2
- Source System Name: C2C
Commercial Info
- Net Operating Income: 683117
Building and Construction
- Total Square Feet Living: 27448
- Year Built: 2023
- Levels: One Level
- Living Area Source: Estimated
- New Construction: Yes
- Property Age: 1
- Levels or Stories: 4
- Building Total Stories: 4
- Year Built Source: Estimated