Los Angeles, CA 90066 11316 Venice Boulevard
$1,700,000
10 more
Presented By: Emily Lin with Equity Union; 310-751-4137
- MLS# SB25135340
- 06/18/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 1
Baths • 1
SQFT • 3,572
Garage • 4
Home Details
Prime 6-Unit Residential Income Property on Venice Blvd – Location, Location, Location!
When it comes to residential income properties, nothing is more important than a prime location, and this Venice Blvd property delivers.
Situated just off the 405 Freeway, minutes from Mar Vista Recreation Center, and only 4 miles from Venice Beach, this well-maintained 6-unit building offers unbeatable access to the best of West LA, Culver City, and Silicon Beach.
• Six (6) units: 1 bedroom + 1 bathroom each
• 100% occupied – no vacancies
• Market CAP Rate: 6.75%
Surrounded by major employers, including Google, Sony Studios, and numerous high-tech companies, this property benefits from strong rental demand and long-term growth potential.
Presented By: Emily Lin with Equity Union; 310-751-4137
Interior Features for 11316 Venice Boulevard
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 11316 Venice Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Urban
CountyLos Angeles
DirectionsWest of Sawtelle on the south side of Venice at Albright.
Electric On Property Y/NNo
Entry Location1
Garage Spaces4.0
Garage Y/NYes
Gross Income1570.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense3095.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet5021.0
Lot Size UnitsSquareFeet
MLS AreaC28 - Culver City
MaintenanceExpense2493.0
MobileHomeRemainsYNNo
Net Operating Income56805.0
New ConstructionNo
Number Of Units Total6
Operating Expense81567.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories2
Tax Lot7
Trash Expense3270.0
Water Sewer Expense0.0
Year Built1953
Year Built SourceAppraiser
ZoningCCR4YY
Exterior for 11316 Venice Boulevard
Building Area Total3572.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped
Lot Size Acres0.1153
Lot Size Area5021.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate