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.
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
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: 12/22/2024, 5:20:58 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
DATE
EVENT
PRICE
Jul 01, 2003
Jul 01, 2003Home Sold
$620,000
Jul 07, 1998
Jul 07, 1998Home Sold
$310,000
Jun 16, 1989
Jun 16, 1989Home Sold
$450,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Grand View Boulevard Elementary School
3951 Grand View Blvd
Distance between this listing and this school0.22 miles
Public District Grades KG-5
8
/10
Mar Vista Elementary
3330 Granville Ave
Distance between this listing and this school0.78 miles
Public District Grades KG-5
5
/10
Beethoven Street Elementary School
3711 Beethoven St
Distance between this listing and this school0.81 miles
Public District Grades KG-5
Nearby Schools
7
/10
Icef Vista Middle Academy
4471 Inglewood Blvd
Distance between this listing and this school0.98 miles
Public Charter Grades 6-8
5
/10
Mark Twain Middle School
2224 Walgrove Ave
Distance between this listing and this school1.10 miles
Public District Grades 6-8
2
/10
Marina Del Rey School
12500 Braddock Dr
Distance between this listing and this school1.34 miles
Public District Grades 6-8
Nearby Schools
2
/10
Phoenix Continuation
12971 Zanja St
Distance between this listing and this school0.87 miles
Public District Grades 9-12
7
/10
Venice High School
13000 Venice Blvd
Distance between this listing and this school1.01 miles
Public District Grades 9-12
8
/10
Culver City High School
4401 Elenda St
Distance between this listing and this school1.57 miles
The neighbors living near this home have an average income of $38,943. The majority of Los Angeles, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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).
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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.
Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.