Login

11061 Venice Boulevard, Los Angeles, CA 90034

Local realty services provided by:CENTURY 21 Valley Properties
11061 Venice Boulevard,Los Angeles, CA 90034
$3,550,000
  • 16 Beds
  • 16 Baths
  • 8,840 sq. ft.
  • Multi-family
  • Active
Listed by: d. timothy byrne, alison maccracken
Office: compass
MLS#:25591597
Source:CRMLS

Price summary

  • Price:$3,550,000
  • Price per sq. ft.:$401.58

About this home

Great value-add or development opportunity in a prime West Los Angeles location. Current rents are approximately 36% below market, offering immediate upside through repositioning. Alternatively, the property serves as a strong interim hold for a covered land play with significant future redevelopment potential. The existing improvements consist of two twin 8-unit apartment buildings (16 units total) built around a landscaped courtyard. Each building contains approximately 4,420 SF (8,840 SF combined), primarily comprised of smaller one-bed/one-bath units averaging 556 SF. The property sits on an oversized 18,783 SF lot with 16 open parking spaces, with room for additional parking spaces or other options. Priced at $213/SF for the land, this Property is zoned [Q] LAR3-1-O, Tier 3. This site allows for density with bonus to support the development of up to 48 units with a 4.5:1 FAR, which would allow approximately 84,500 buildable square feet. A new 6- to 7-story development could be

Contact an agent

contact an agent

Yes, I would like more information from CENTURY 21®. Please use and/or share my information with an CENTURY 21 affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an CENTURY 21 affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1953
  • Listing ID #:25591597
  • Added:92 day(s) ago
  • Updated:December 12, 2025 at 11:41 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Living area:8,840 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1953
  • Building area:8,840 sq. ft.
  • Lot area:0.43 Acres

Finances and disclosures

  • Price:$3,550,000
  • Price per sq. ft.:$401.58
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Valley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Valley Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 11061 Venice Boulevard