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Apartments For Sale • 6,194 SF
| On the same block as the Mar Vista Farmers Market, minutes from Venice Beach, Abbot Kinney, and Marina del Rey. |
| Front building with 2 retail stores, 7 office suites, and 4 residential units above; rear building with 2 residential units. |
| Two one-car garages with opportunity to convert into ADUs. |
| 8,200 SF C2 TOC Tier 2 parcel allows 30–32 units; combined with neighboring site (12034 Venice Blvd) offers ±74-unit development potential. |
| All tenants month-to-month, providing repositioning opportunities. |
| In-place cap rate of 5.8% with potential to reach 10% upon leasing vacant units, offering ±72% total rent upside. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 13 min | - | 6.9 mi |
| Bob Hope | 33 min | - | 22.4 mi |
| Long Beach (Daugherty Field) | 32 min | - | 24.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 17 |
| Type: | Surface |
| Included in Rent: | Yes |
