11543 Venice Blvd, Los Angeles, CA 90066
Sale Price: $2,520,000
Dec 4, 20205,430 sqft11 beds6 baths
Listed by: Kelly Morgan
License #: 01898026
Phone #: 310-836-3638
Houze Real Estate Management
Source:
MLS #: 20667328
Property Description
Six units in the residential area of Mar Vista. 11543 Venice boasts an excellent unit mix of 1 (1+1) & 5 (2+1) units with a high in place CAP Rate of 4.6% and the potential to add a 7th unit by right with already completed plans. Units have Granite Counters, Hardwood Floors and Newer Bathrooms. All of the advantages of beach living (minutes from Venice Beach & Marina Del Rey) and located in close proximity to the burgeoning Los Angeles tech hubs of Silicon Beach & Downtown Culver City. Property has a 80 Walk Score (Very Walkable), Excellent Transit and a 78 Bike Score. Walking Distance To The Newly Announced Amazon Office Complex & Delivery Hub At 5000 Mesmer Ave. Close to the Expo Line running through Mar Vista which connects Santa Monica to Downtown LA running right through Mar Vista.Please scroll through the potential upgrade photos & the plans to build a 7th unit displayed in the listing. Contact us for a Marketing Package. Buyer to conduct their own due diligence. One Vacant Unit.
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$48,717
TurboHome Estimated Value
$2,888,900
$532 sqft
High Valuation
$3,033,345
$559/sqft
Normal Valuation
$2,888,900
$532/sqft
Low Valuation
$2,744,455
$505/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $532/sqft | $2,888,900 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Mar Vista
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Comparative Value
$1.76M
$2.22M
$2.53M
3860 College Ave, Culver City, CA 90232
Sale Price: $1,764,000
Selected Comparable
3764 Barry Ave, Los Angeles, CA 90066
Sale Price: $2,219,500
Selected Comparable
11543 Venice Blvd, Los Angeles, CA 90066
List Price: $2,530,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT11543 Venice Blvd, Los Angeles, CA 90066
List: $2,530,000
Listed: 12/4/2020
Area:5,430 sqft
Price/sqft:$466
Beds:11
Baths:6
Year Built:—
Lot Size:5,816
Comparable Properties
COMPARABLEChoose comps
3764 Barry Ave, Los Angeles, CA 90066
Sale: $2,219,500
2/3/2025 • 0.10 mi
Area:5,620 sqft
Price/sqft:$395
Beds:12
Baths:6
Year Built:—
Weight:52.6%
3860 College Ave, Culver City, CA 90232
Sale: $1,764,000
11/26/2024 • 0.88 mi
Area:5,400 sqft
Price/sqft:$327
Beds:12
Baths:6
Year Built:—
Weight:47.4%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11543 Venice Blvd, Los Angeles, CA 90066 | $2,530,000 | 5,430 | $466 | 5,816 | — | 12/4/2020 | 11 | 6 | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3764 Barry Ave, Los Angeles, CA 90066 | $2,219,500 | 5,620 | $395 | 7,554 | 0.10 mi | 2/3/2025 | 12 | 6 | — | 52.6% |
| 3860 College Ave, Culver City, CA 90232 | $1,764,000 | 5,400 | $327 | 7,530 | 0.88 mi | 11/26/2024 | 12 | 6 | — | 47.4% |
Nearby Listings
1 similar properties within 5 miles
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