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11-Unit Apartment Building
For Sale
Contact for pricing
Pending

12518 Venice Boulevard, Los Angeles, CA 90066

Three-building apartment property with separately metered utilities and an on-site laundry room.

Property SizeContact for details
Days on Market142

Property Features for 12518 Venice Boulevard

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 8 x 2BR/1BA + dining area, 2 x 1BR/1BA, 1 x 3BR/2BA
Multifamily Units 11

Amenities

laundry room

Building Details

Year Built 1948
Buildings 3
Listing Agency: KW Commercial Beverly Hills
Listed By: Ramin Gheitanchi · License #CA 01501715
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Beverly Hills

Investment Insights

Based on property information with market context.

This 11-unit apartment property was built in 1948 and comprises three buildings on a double lot measuring over 14,000 S.F. The unit mix includes eight two-bedroom, one-bath apartments with dining areas, two one-bedroom, one-bath units, and one three-bedroom, two-bath residence. Separate gas and electric metering supports distinct utility responsibility, while the laundry room provides a resident amenity and an additional operating feature with seller-owned machines.

The property is located at 12518 Venice Boulevard in Los Angeles, on Venice Boulevard just west of Centinela Avenue. The Mar Vista setting places the apartments within walking distance of grocery stores, coffee shops, restaurants, and shopping along Venice Boulevard. The property is also within minutes of Venice Beach, Santa Monica, Marina Del Rey, and the bars and restaurants on Abbot Kinney Boulevard.

Key Highlights

  • 11‑unit apartment property across 3 buildings, constructed in 1948
  • Unit mix: 8 two‑bedroom/one‑bath, 2 one‑bedroom/one‑bath, and 1 three‑bedroom/two‑bath units
  • Double lot measuring over 14,000 S.F.

Property Analytics

Current Use

Solaire Venice Apartment Complex

Suggested Use

Top Pick Grocery & Convenience Store Food Market Real Estate Agency Carpet & Flooring Store Electrical Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,946
Businesses Nearby

Demographics for 90066, CA

55,304
Population
26,591
Households
2.1
Avg Household Size
38
Median Age
61%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
11,522
Density / Sq Mi
$107,786
Median Household Income
$67,298
Median Earnings
$2,211
Median Rent
$1,636,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-building apartment property with separately metered utilities and an on-site laundry room.
Where is this apartment building located?
The property is located at 12518 Venice Boulevard Los Angeles, CA.
What are key features of this property?
This property features: 11‑unit apartment property across 3 buildings, constructed in 1948; Unit mix: 8 two‑bedroom/one‑bath, 2 one‑bedroom/one‑bath, and 1 three‑bedroom/two‑bath units; Double lot measuring over 14,000 S.F.
More about this property
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