$1,312,500
SOLD JUN 13, 2025
8 Beds
7 Baths
4,540 Sq Ft
5,202 Sq Ft Lot

Recently Sold

$289 Per Sq Ft

12% Below List Price

12 Days on Market

About This Home

As of June 2025

CAN BE PURCHASED INDIVIDUALLY OR WITH 12715-12717 VENICE AND 3637 MENTONE AS A PORTFOLIO. We are pleased to present the exclusive opportunity to acquire a well-located, professionally managed multi-family property on LA's Westside. Situated in the perennially hip and highly popular Mar Vista neighborhood, 12665 Venice Boulevard was built in 1958 and features 7 apartments including six 1-bed/1-bath units and one 2-bed/1-bath unit. Units boast spacious layouts with separate dining areas, walk-in closets, and new flooring in many instances. There are on-site laundry facilities, off-street parking, low maintenance landscaping, and separate meters for gas and electricity. Priced at an extremely attractive cost per unit basis, 12665 Venice truly offers the astute investor an excellent turnkey property with a tremendous foundation for income and cap rate growth as well as long-term asset appreciation.

Last Agent to Sell the Property

Rob Renshaw

REMAX COMMERCIAL & INVESTMENT REALTY License #01332831 Listed on: 04/03/2025

REMAX COMMERCIAL & INVESTMENT REALTY

Co-Listed By

Jake Plewa

REMAX COMMERCIAL & INVESTMENT REALTY License #02041641

Last Buyer's Agent

Rob Renshaw

REMAX COMMERCIAL & INVESTMENT REALTY License #01332831 Listed on: 04/03/2025

REMAX COMMERCIAL & INVESTMENT REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 5,202 Sq Ft Lot

Parking

  • Carport

Interior Spaces

  • 4,540 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 4246-029-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: We are pleased to present the exclusive opportunity to acquire a well-located, professionally managed multi-family property on LA's Westside. Situated in the perennially hip and highly popular Mar Vista neighborhood, 12665 Venice Boulevard was built in 1958 and features 7 apartments including six 1-bed/1-bath units and one 2-bed/1-bath unit. Units boast spacious layouts with separate dining areas, walk-in closets, and new flooring in many instances. There are on-site laundry facilities, off-street parking, low maintenance landscaping, and separate meters for gas and electricity. Priced at an extremely attractive cost per unit basis, 12665 Venice truly offers the astute investor an excellent turnkey property with a tremendous foundation for income and cap rate growth as well as long-term asset appreciation.
  • Living Area: 4540
  • Lot Acreage: 0.1194
  • Stories: 2
  • Year Built: 1958
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 330.40

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 69.36
  • Assessed Improvement Value: 120160
  • Assessed Land Percent: 30.64
  • Assessed Land Value: 53084
  • Total Assessed Value: 173244
  • Assessor Parcel Number: 4246-029-003
  • Lot Size Area: 5202

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.37
  • Number Of Units: 7
  • Total Annual Expense: 65266
  • Type Of Units: residential
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $1,312,500 -12.5% $289 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $1,500,000 -- $330 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25520847

The MLS