Contacts

Mike Salerno

Los Angeles - Investment Services Group

(213) 866-9801

Property Details

Property Type Multi-Family
Property Size 6,083 SF
Units 7
Lot Size 0.14 Acre
Parking Spaces Avail. 6
Year Built 1956
Date Updated Feb 9, 2024

1 block west of Sawtelle7 - units in Mar Vista. The property consists of 2 - 1 bedroom + 1 bath and 5- 2 bedroom + 1 bath. The building is 6,083 square feet and sits on a 5,998 square foot lot. It was built in 1956. It is individually metered for gas and electricity. The rents are below market and there is over 50% upside in the rents. There is on site laundry. It is located in the high demand area of Mar Vista adjacent to Culver City - one of the most desirable locations in Los Angeles. The area is undergoing an enormous transformation with the construction of many new apartment buildings as well as major entertaining companies such as Amazon, Apple and HBO opening offices nearby. Close to the future Google campus. Minutes to Culver City's popular restaurants, bars, fitness centers and theaters. Close to the Expo Line and the 405 and 10 freeways. The earthquake soft story retrofit work has been completed. Note: The property is co-listed with Mike Poyer - Capital Real Estate Advisors (818) 324-0549, [email protected]

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Highlights

Prime Mar Vista
Large units with over 50% upside in the rents
Excellent unit mix - 2 - 1 bd+ 1 ba & 5 - 2 bd + 1 ba units
Minutes to the beach

Getting around

80/100
Walk Score ®
50/100
Transit Score ®
89/100
Bike Score ®

Powered by Walk Score ®

Location

City Los Angeles, CA
Neighborhood Mar Vista
Zip Code 90066
Market Los Angeles

Points of Interest

Palms

1.72 miles
Westwood/Rancho Park

1.86 miles
Expo/Sepulveda

1.87 miles
Expo/Bundy

2.28 miles
Culver City

2.33 miles
Dolphin Marina

2.66 miles
Burton Chace Park

2.70 miles
Marina Beach

2.76 miles
Esprit 1

2.84 miles
26th Street/Bergamot

2.91 miles

Conserv Fuel

0.25 miles
Shell

0.38 miles
Chevron

0.54 miles
Arco

0.60 miles
76

0.88 miles
Arco

0.95 miles
United Oil

1.12 miles
Shell

1.13 miles
SK

1.21 miles
76

1.24 miles

Overland Parking Garage

1.20 miles
Production Parking

1.23 miles
St John's Presbyterian Church Park And Ride

1.25 miles
Bundy East Lot

1.28 miles
Bundy Overflow Lot

1.28 miles
Culver/Motor Parking Garage

1.34 miles
Bundy West Lot

1.36 miles
South Thalberg Gate Lot

1.52 miles
North Thalberg Lot

1.52 miles
SMC Airport Arts Parking

1.59 miles

Astro Motel

0.44 miles
Deano's Motel

0.45 miles
Sunburst Spa and Suites

0.46 miles
Ramada

0.48 miles
Galaxy Inn

0.51 miles
Travelodge by Wyndham Culver City

0.58 miles
Villa Brasil Motel

0.79 miles
Paradise Inn & Suites

0.81 miles
Rodeway Inn

0.83 miles
Culver Motel

0.87 miles

Mitsuwa Market

0.68 miles
Trader Joe's

0.72 miles
Vons

0.82 miles
Ralphs

1.02 miles
Vons

1.16 miles
Ross

1.17 miles
Whole Foods Market

1.21 miles
Northgate Market

1.22 miles
Ralphs

1.25 miles
Smart & Final Extra!

1.49 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

11457 Venice Blvd