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New 12 Home Community in Mar Vista- Silicon Beach Adjacent
Each With 4 bedrooms/4.5 Bathrooms, 2,418-2,432 Sq. Ft.

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12610 Venice Blvd., Los Angeles, CA 90066, USA  Los Angeles,  CA 90066
12610 Venice Blvd., Los Angeles, CA 90066, USA

29,044 SQFT

Asking: $24,000,000

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12 independent luxury units each with 4 bedrooms/4.5 bathrooms, 2,418-2,432 sq. ft. plus individual garages, decks, and rooftop decks. Lease comps are $10.75K/month/each. New Construction Warranty (1/4/10 years). Best Exit Strategy Options into a 1031 and/or DST with NO ULA aka �Mansion Tax� saving over $1M having 12 APN�s/addresses choosing to sell any number of units 1-12 (SLO�s). Bonus/Accelerated/Regular Depreciation potential of $1,500,000 which potentially could save $700,000 in after tax cash flow in the first year (proposal available). Great Financing Options are Available. Seller concessions available. Offering Memorandum available

If you have any questions or would like to schedule a showing, please contact me.

Paul Wylie
(323) 515-9585
Lic#: 00908469

LAMERICA Real Estate
26635 Agoura Road 240
Calabasas,, CA 91302
(323) 515-9585

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