12610 Venice Blvd, Los Angeles, CA 90066
29,044 SF Health Care Building Offered at $24,000,000 at a 10% Cap Rate in Los Angeles, CA 90066
For Sale
Active
23 pictures
Asking Price $24,000,000
- Property Type
-
Health Care
- Square Feet
- 29,044 SF
Listing Contacts
Paul Wylie
Property Overview
NO ULA aka "Mansion Tax" Saving Over $1,000,000 Upon Exiting into a 1031. DST, or straight sale.
Bonus/Accelerated/Regular Depreciation potential of $1,500,000 in the first year (proposal available).
New Gated community of 12 luxury units each with 4 bedrooms/4.5 bathrooms, 2,418-2,432 sq. ft. each (over 29,000 sq. ft. total = only $826/ft. sq.) plus decks and rooftop decks.
12 - Two-car side-by-side garages that can potentially be used for recreation (ping pong, billiards, shuffleboard, arts/crafts, movies, massage, therapy sessions, card games, basketball shooting games, foosball).
Location, Location, Location = Mar Vista with an 88 out 100 Walk Score.
New Construction Warranty (1/4/10 years).
One contract/one escrow/one prelim for all 12 (small lot) SLO homes! $480,000.00 Buyer Broker Commission (2%)
Exciting financing options.
Phenomenal, algorithm based forecasted appreciation report (27% aggregate next 5 years). Contact me for details.
Please feel free to request the offering memorandum (OM), financing options, and/or schedule a site tour with qualified clients.
Bonus/Accelerated/Regular Depreciation potential of $1,500,000 in the first year (proposal available).
New Gated community of 12 luxury units each with 4 bedrooms/4.5 bathrooms, 2,418-2,432 sq. ft. each (over 29,000 sq. ft. total = only $826/ft. sq.) plus decks and rooftop decks.
12 - Two-car side-by-side garages that can potentially be used for recreation (ping pong, billiards, shuffleboard, arts/crafts, movies, massage, therapy sessions, card games, basketball shooting games, foosball).
Location, Location, Location = Mar Vista with an 88 out 100 Walk Score.
New Construction Warranty (1/4/10 years).
One contract/one escrow/one prelim for all 12 (small lot) SLO homes! $480,000.00 Buyer Broker Commission (2%)
Exciting financing options.
Phenomenal, algorithm based forecasted appreciation report (27% aggregate next 5 years). Contact me for details.
Please feel free to request the offering memorandum (OM), financing options, and/or schedule a site tour with qualified clients.
Property Details
- Year Built
- 2024
- Stories
- 4
- Property Subtype
- Rehabilitation Center
- Lot Size (sq. ft)
- 7,405 SF
- Units
- 48
Highlights
- Quality Construction in a Quality Location -Sober Living Site without business
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