12028 Venice Boulevard, Los Angeles, CA 90066

Local realty services provided by:ERA North Orange County Real Estate
12028 Venice Boulevard,Los Angeles, CA 90066
$2,695,000
  • 6 Beds
  • 6 Baths
  • 6,194 sq. ft.
  • Multi-family
  • Active
Listed by: oron maher
Office: maher commercial realty
MLS#:24354063
Source:CRMLS

Price summary

  • Price:$2,695,000
  • Price per sq. ft.:$435.1

About this home

Prime Mar Vista mixed-use investment opportunity featuring six residential units, two retail storefronts, seven small one-room commercial offices, and two one-car garages, all situated on an 8,200 sq. ft. C2 TOC Tier 2 zoned parcel. The property currently has one vacant residential unit and two vacant office suites, while the remaining tenants are all month-to-month. The front building includes two retail stores, seven small offices, and four residential units above, while the rear building offers two additional residential units. Two one-car garages between the buildings present excellent ADU conversion potential. With an in-place cap rate of 5.8% (once three vacancies are filled); and a pro forma cap rate of 10% once building is stabilized, this is the best value in Mar Vista. The zoning allows development of 30-32 units on-site. Located on the same block as the Mar Vista Farmers Market and surrounded by popular eateries, coffee shops, and boutique retailers, the property offers

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Home facts

  • Year built:1960
  • Listing ID #:24354063
  • Added:492 day(s) ago
  • Updated:November 15, 2025 at 03:20 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Living area:6,194 sq. ft.

Structure and exterior

  • Year built:1960
  • Building area:6,194 sq. ft.
  • Lot area:0.19 Acres

Finances and disclosures

  • Price:$2,695,000
  • Price per sq. ft.:$435.1
Based on information from California Regional Multiple Listing Service, Inc. as of November 15, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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