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10211 Venice Blvd, Los Angeles, CA 90034
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10211 Venice Blvd Los Angeles, CA 90034

$4,300,000 Sold Price as of 07/26/2021
  • -- Beds
  • -- Baths
  • 5,060 Sq.Ft.
Sold
$4,300,000 Sold Price as of 07/26/2021 Refinance Your Mortgage
Map preview of 10211 Venice Blvd, Los Angeles, CA 90034

Property Overview: 10211 Venice Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 5,060 living square feet and 5,207 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property is a newly renovated mixed-use two-story building featuring class A office space on the first floor/mezzanine and two beautifully redone apartment units on the second floor with no expense spared. The owner has spent over $1,000,000 in a full renovation down to the studs, brand new flooring, high end finishes, updated bathrooms, new plumbing and electrical. The building has truly been renovated from top to bottom with no expenses spared. The first floor and mezzanine are comprised of 19 individual office spaces ranging in size from approximately 100 SF to 250 SF. In addition, there is ample open space for meeting, a kitchen and waiting room. The second floor consists of two apartment units that are currently being leased with a combined income of $7,945 monthly. The parking area directly in front of the property is city-owned however, five (5) parking spaces are designated for the subject property. This building is a great opportunity for an owner/user to occupy the first floor for their business while collecting income from the apartments to offset their mortgage. In addition, an investor can take advantage of the need for private office spaces due to Covid-19 and lease out each office individually. *Per title report, title shows 5,060 SF of building. Buyer/Buyers Broker to do own due diligence and verify with the city of Los Angeles.

Listed by Daniel Hirth | BRE #01515796 | KW Advisors
Last checked: 3 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 77

Home details

Lot Sq. Ft
5,207
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Other
Status
Sold
MLS#
21732158
City
Los Angeles
County
Los Angeles
Time on Site
346 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10211 Venice Blvd

Lot Details / Garage and Parking
Property Information
  • Total # of Units: 2
  • Parcel Number: 4314005002
  • Entry Level: 1
Location / Neighborhood
Location Information
  • Directions: Set on one of Los Angeles major thoroughfare, separate Palms and Downtown Culver City
View more facts & features

Local Los Angeles Agent

Sale History for 10211 Venice Blvd

Last sold for $4,300,000 on July 26th, 2021

  • July, 2021

  • Jul 26, 2021

    Date

    Sold

    CRMLS: 21732158

    $4,300,000

    Price

  • Feb 19, 2021

    Date

    Active

    CRMLS: 21732158

    $4,250,000

    Price

  • March, 2019

  • Mar 8, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,750,000

    Price

Show More

Tax History for 10211 Venice Blvd

Assessed Value (2020): $2,805,000
Year Land Value Improved Value Assessed Value
2020 $2,091,000 $714,000 $2,805,000

Home Value Compared to the Market

This property vs the competition

10211 Venice Blvd sold on July 26, 2021 for 257.14% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $839.92 per/sqft which puts the price per square foot 11.25% higher than the current median sale per square foot for the city of Los Angeles.

About 10211 Venice Blvd

Detailed summary of property

10211 Venice Blvd is a other that recently sold in Los Angeles, CA 90034. This property offered -- bedrooms, -- bathrooms, roughly 5,060 living square feet, and sits on an approximately 5,207 square foot lot. 10211 Venice Blvd was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $4,300,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 257.14% higher than the current median priced home. Local homes that are currently for sale include 7510 S Vermont Ave, 10705 S Figueroa St and 523 S Broadway. While the average home in Los Angeles, CA is selling in 94 days, 10211 Venice Blvd has a days on market of 77 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 10211 Venice Blvd Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10211 Venice Blvd

Public county record property details
Beds
--
Baths
--
Year built
1923
Sq. Ft.
5,060
Lot Size
5,206
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,4
APN
4314-005-002

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,895,000
Median List Price/Sq.Ft.
$900
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
44
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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