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11928 Venice Blvd, Los Angeles, CA 90066
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11928 Venice Blvd Los Angeles, CA 90066

$1,475,000 Sold Price as of 01/22/2020
  • 152 Beds
  • 122 Baths
  • -- Sq.Ft.
Sold
$1,475,000 Sold Price as of 01/22/2020 Refinance Your Mortgage
Map preview of 11928 Venice Blvd, Los Angeles, CA 90066

Property Overview: 11928 Venice Blvd Los Angeles, CA has 152 bedrooms, 122 bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent westside 4-plex located in the highly desirable neighborhood of Mar Vista. Great upside potential with a large R3 zoned 6733 sq.ft lot. The property includes a 4 car detached garage and 2 separate parking spaces on site providing ample parking for tenants. Laundry room with a coin operated washer and dryer. Value in the land, room to expand or rebuild. The property is conveniently located near fire station, Mar Vista Library and a short stroll to the Farmers Market, stores and restaurants. Unit numbers are 11928, 11930, 11932 and 11932 1/2. Unit 11930 includes utilities.Inside inspection with accepted offer. Do not disturb tenants

Listed by Margaret Gazey | BRE #00643458 | RE/MAX ESTATE PROPERTIES
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 94

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19489382
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 28
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,434
  • Total Rent: $1,434
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 30
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,778
  • Total Rent: $1,778
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 32
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,665
  • Total Rent: $1,665
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 32
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,339
  • Total Rent: $1,339
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: --
  • Net Operating Income: $64,808
  • Gross Operating Income: $74,604
Annual Expense Breakdown
  • Total Operating Expense: --
  • Insurance: $1,494
  • Professional Management: $4,274

Virtual Tour

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Property Details for 11928 Venice Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Living Room
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Covered, Driveway, Parking Space
Lot Information
  • Lot Features: Front Yard, Value In Land
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 4214017040
  • Architectural Style: Traditional
Location / Neighborhood
Location Information
  • Directions: E. Centinella, W. Barrington Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 11928 Venice Blvd

Last sold for $1,475,000 on January 22nd, 2020

  • January, 2020

  • Jan 23, 2020

    Date

    Sold

    CRMLS: 19489382

    $1,475,000

    Price

  • Oct 18, 2019

    Date

    Pending

    CRMLS: 19489382

    $1,499,000

    Price

  • Sep 24, 2019

    Date

    Price Change

    CRMLS: 19489382

    $1,499,000

    Price

  • Jul 16, 2019

    Date

    Active

    CRMLS: 19489382

    $1,555,000

    Price

  • January, 2020

  • Jan 22, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,475,000

    Price

  • January, 2019

  • Jan 11, 2019

    Date

    Canceled

    CRMLS: 18417254

    $1,675,000

    Price

  • Dec 27, 2018

    Date

    Active

    CRMLS: 18417254

    $1,675,000

    Price

  • Listing provided courtesy of CRMLS

    Large R3 Lot located in a great location near Library, fire station, restaurants and stores. This 6733 lot has great potential for future development. Additional income from washer and dryer in separate laundry room. 11930 Venice rent includes utilities. Detached enclosed garages for 4 cars and spaces for 4 additional cars. Well maintained building. Drive by only. Do not disturb tenants. Inside with accepted offer. Buyer to cooperate in Seller's 1031 Exchange. Unit numbers are 11928,11930, 11932 and 11932 1/2

  • March, 2010

  • Mar 25, 2010

    Date

    Sold (Public Records)

    Public Records

    $805,000

    Price

Show More

Tax History for 11928 Venice Blvd

Assessed Value (2020): $950,128
Year Land Value Improved Value Assessed Value
2020 $708,173 $241,955 $950,128

Home Value Compared to the Market

This property vs the competition

11928 Venice Blvd sold on January 22, 2020 for 25.97% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 11928 Venice Blvd

Detailed summary of property

11928 Venice Blvd is a multi family that recently sold in Los Angeles, CA 90066. This multi family property offered 152 bedrooms, 122 bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 11928 Venice Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,475,000. 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 25.97% higher than the current median priced home. Local homes that are currently for sale include 1706 S Crescent Heights Blvd, 6064 Horner St and 5426 Smiley Dr. While the average home in Los Angeles, CA is selling in 92 days, 11928 Venice Blvd has a days on market of 94 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 11928 Venice Blvd Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11928 Venice Blvd

Public county record property details
Beds
5
Baths
4
Year built
1952
Sq. Ft.
2,679
Lot Size
6,732
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
37
APN
4214-017-040

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,200,000
Median List Price/Sq.Ft.
$1,002
Median Sold Price
$1,626,261
Median Sold Price/Sq.Ft.
$1,022
Total Inventory
116
Median Sale to List Price %
100.08%
Avg Days on Market
29
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (15.15%), Other (6.06%)

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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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