5 months on rocket

12034 Venice Blvd, Los Angeles, CA, 90066

$6,295,000

0.38 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewOcean
MLS #24402237
Lot Size0.38 Acres
StatusActive

About 12034 Venice Blvd

Preliminary Plans in place to build up to 72 units, ready for Ministerial Approval, with only 7 income restricted units required. Parking is primary at or above grade, with only one subterranean parking level with 41 spaces. Level 1, on grade, will consist of Cafe and a restaurant to capitalize on the vibrant retail corridor surrounding the project, with 3 commercial spaces and 13 spaces for residents. Level 2 consists of 1 One-Bedroom apartment, 1 Studio apartment, a gym, and 25 parking spaces above grade for residents. Level 3 will consist of 2 two-bedroom units, 1 Studio Unit, and 12 One-Bedroom Units. Level 4-7 will consist of the remaining 55 units. Level 8 proposes a deck with a pool and pickleball court for residents to enjoy. Other amenities include a gym, courtyard, storage, and bicycle parking. The building's height will give residents incredible views of the surrounding city, mountains, and the ocean.While finalizing the planning and permitting process, a buyer can collect approximately $29,000 of gross monthly income from the existing buildings with short term or month to month tenancies. (Project includes 12028-12034 Venice Blvd. APN #4235-024-005 and #4235-024-006).

Property Details

Property Features

Listing Office:

  • Office Name: Maher Commercial Realty
  • Office Phone: (310) 464-1453
  • Listing Agent: Oron Maher

Exterior Features

Exterior Information:

  • View: Ocean

Lot Features

Lot Information:

  • Lot Size: 0.38 Acres

Other

Directions Information:

  • Directions: West on Venice Blvd., just past Inglewood Blvd. Building is on the left side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,295,000

Tax Information:

  • Annual Amount: $10,250
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

12034 Venice Blvd vs Los Angeles

164 DAYS ON ROCKET

+126 Days

$6,295,000

+$5.2M More

KEY TAKEAWAY

This property is $5.2M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24402237

Listing Office:

  • Office Name: Maher Commercial Realty
  • Office Phone: (310) 464-1453
  • Listing Agent: Oron Maher

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 01, 2003Home Sold
$620,000
Jul 07, 1998Home Sold
$310,000
Jun 16, 1989Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,250$814,366
2020$9,954$806,017
2019$9,751$790,213
2018$9,547$774,719
2017$9,547$759,530

History based on county public records data.

Payment Calculator

$31.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-399166
5
/10
  • Grand View Boulevard Elementary School

  • 3951 Grand View Blvd

  • 0.22 miles

  • Public District Grades KG-5

school-card-donut-399167
8
/10
  • Mar Vista Elementary

  • 3330 Granville Ave

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-399168
5
/10
  • Beethoven Street Elementary School

  • 3711 Beethoven St

  • 0.81 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,943. Residents of Los Angeles, CA typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12034 Venice Blvd

What is the listing price of this property?

The listing price of 12034 Venice Blvd property is $6,295,000.

What type of property is this?

The property 12034 Venice Blvd is land located in Los Angeles, California, 90066.

Is this property for sale now?

Active Listing: 12034 Venice Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,250 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 1, 2003 for $620,000. (source: MLS/tax record).

How much acreage is this property?

The property 12034 Venice Blvd is 0.38 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles9006612034 Venice Blvd

This home is located at 12034 Venice Blvd in Los Angeles, CA and zip code 90066 in the South Mar Vista neighborhood. This home sits on a 0.38 acre lot. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $6,295,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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