Log In/Sign Up
Your email has been sent.
12610 Venice Blvd 5 Unit Apartment Building $9,846,370 CAD ($1,969,274 CAD/Unit) 5.06% Cap Rate Los Angeles, CA 90066
Investment Highlights
- New Construction
- 88 out 100 Walk Score
- Small Lot Homes
Executive Summary
Each home has 4 bedrooms/5 bathrooms/2418 sq. ft.
New Small Lot Homes
Primary suite occupies its own level, walk-in closet, while three additional ensuite bedrooms offer comfort and privacy.
A rooftop deck with sweeping city and mountain views
With this being new construction, it affords the best opportunity to utilize bonus depreciation of 100% first year allowable under the 2025 One Big Beautiful Bill. Using a cost segregation (CSG) study under the guidance of a CPA.
Best Exit Strategy Option when ready to sell into another 1031 exchange with NO ULA aka “Mansion Tax,” saving over $1M (Buyer to verify) having individual APN’s/addresses.
Financing Options are attached
A+ Rating for: Outdoor Activities, Nightlife, Weather, Health and Fitness
A Rating for Good for families
Mar Vista is highly ranked as one of the best, most desirable neighborhoods to live in Los Angeles, often cited as a top-three spot for families. Known for being a, peaceful, and walkable Westside community near Santa Monica and Venice, it offers a blend of suburban feel with easy access to urban amenities.
Key Rankings and Highlights
• Best Neighborhoods: Ranked #2 of 110 for best places to live in LA and #3 for families by Niche.
• Safety & Lifestyle: Recognized as a top-notch, quiet, and safe area for retirees and families, with high, educated, and professional demographics.
• Location: Highly desirable Westside location, offering quick access to Silicon Beach, Culver City, and the beach.
Demographics and Environment
• Diversity: Highly ethnically diverse, with a significant Asian population (approx. 12.8%) compared to county averages, alongside 51.3% white and 29.1% Latino residents.
• Income: Features affluent pockets, particularly in Mar Vista Southeast, where median incomes are higher than 86.5% of American neighborhoods.
• Amenities: Known for the Mar Vista Farmers Market, local cafes, and proximity to Santa Monica.
The area is generally considered a safe, high-value, and family-friendly,, with an overall crime rate that is average for the US, notes Homes.com.
Source: Niche Neighborhood Rankings
New Small Lot Homes
Primary suite occupies its own level, walk-in closet, while three additional ensuite bedrooms offer comfort and privacy.
A rooftop deck with sweeping city and mountain views
With this being new construction, it affords the best opportunity to utilize bonus depreciation of 100% first year allowable under the 2025 One Big Beautiful Bill. Using a cost segregation (CSG) study under the guidance of a CPA.
Best Exit Strategy Option when ready to sell into another 1031 exchange with NO ULA aka “Mansion Tax,” saving over $1M (Buyer to verify) having individual APN’s/addresses.
Financing Options are attached
A+ Rating for: Outdoor Activities, Nightlife, Weather, Health and Fitness
A Rating for Good for families
Mar Vista is highly ranked as one of the best, most desirable neighborhoods to live in Los Angeles, often cited as a top-three spot for families. Known for being a, peaceful, and walkable Westside community near Santa Monica and Venice, it offers a blend of suburban feel with easy access to urban amenities.
Key Rankings and Highlights
• Best Neighborhoods: Ranked #2 of 110 for best places to live in LA and #3 for families by Niche.
• Safety & Lifestyle: Recognized as a top-notch, quiet, and safe area for retirees and families, with high, educated, and professional demographics.
• Location: Highly desirable Westside location, offering quick access to Silicon Beach, Culver City, and the beach.
Demographics and Environment
• Diversity: Highly ethnically diverse, with a significant Asian population (approx. 12.8%) compared to county averages, alongside 51.3% white and 29.1% Latino residents.
• Income: Features affluent pockets, particularly in Mar Vista Southeast, where median incomes are higher than 86.5% of American neighborhoods.
• Amenities: Known for the Mar Vista Farmers Market, local cafes, and proximity to Santa Monica.
The area is generally considered a safe, high-value, and family-friendly,, with an overall crime rate that is average for the US, notes Homes.com.
Source: Niche Neighborhood Rankings
Property Facts
| Price | $9,846,370 CAD | Building Class | B |
| Price Per Unit | $1,969,274 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 12,105 SF |
| Cap Rate | 5.06% | Average Occupancy | 0% |
| No. Units | 5 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 0.83/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | LAR3 - Multiple Residential Small Lot homes with no shared walls and no HOA | ||
| Price | $9,846,370 CAD |
| Price Per Unit | $1,969,274 CAD |
| Sale Type | Investment |
| Cap Rate | 5.06% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 12,105 SF |
| Average Occupancy | 0% |
| No. Stories | 4 |
| Year Built | 2024 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | LAR3 - Multiple Residential Small Lot homes with no shared walls and no HOA |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Kitchen
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Patio
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Roof Terrace
- Storage Space
- Sundeck
- Public Transportation
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4.5 | 5 | $12,223 CAD | 2,418 - 2,432 |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (86)
Property Taxes
| Parcel Numbers | Improvements Assessment | $14,750,891 CAD | |
| Land Assessment | $6,786,017 CAD | Total Assessment | $21,536,908 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$6,786,017 CAD
Improvements Assessment
$14,750,891 CAD
Total Assessment
$21,536,908 CAD
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
12610 Venice Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.