12926 -12932 Venice Blvd, Los Angeles, CA 90066

3 Bed Bath 7,968 sqft MLS#20-646938

Property Description

Entertainment showpiece! This standalone Penthouse allows you to live in a 3K SF Venice home with 2K SF roof deck, all while covering your costs of ownership by collecting rents from the tenants below. This 3-bedroom, 2-bath penthouse is a beautiful blank canvas for those seeking flair and style. The space embraces flexibility, sunlight, & privacy. A separate entry staircase leads visitors into a vast open space illuminated by a wall of soaring French doors and 360 degrees views from every angle. The loft-like living space opens into an outdoor oasis that includes fire pit, landscaped turf yard, & privacy hedges. The penthouse sits above 3 commercial units which offer buyers an opportunity to accrue rental income & cover the cost of ownership. There is a parking lot for +/- 9 cars. This is certainly an asset for a true visionary who wants to live in one of the most exclusive submarkets in all of L.A. Most fixtures have been removed. Photos are from prior tenancy & AS IS condition.

Listed for $5,250,000

Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.18
Lot Size SqFt: 7,997
Year Built: 1954

Courtesy of Timothy C. Macker Jr..

Property Details and Features

  • Appliances and Equipment
  • None
  • Bathrooms
  • 2.00 total bathrooms
  • 2 three quarter bathrooms
  • Bedrooms
  • 3 total bedrooms
  • House
  • 7,968 sq ft
  • Built in 1954
  • Detached/No Common Walls
  • Penthouse
  • Cooling
  • None
  • Disclosures
  • Seller/Owner/Principal RE Licensed
  • Exterior Features
  • Roof Top Deck
  • Fireplaces
  • None
  • Floors
  • Hardwood
  • Garage
  • Uncovered
  • Heating
  • None
  • Home Owner’s Association
  • HOA Present
  • Laundry
  • None
  • Listing
  • Furnished: Unfurnished
  • ListDate: 2020-09-21
  • PricePerSqFt: $659
  • 74 days on market
  • Location
  • County: Los Angeles
  • ListingArea: Palms – Mar Vista
  • Lot
  • LotAcreage: 0.1836
  • LotSizeArea: 7,998
  • Corner Lot
  • Parking
  • TotalParking: 9
  • Pool
  • PoolYN: False
  • None
  • Property
  • EntryLocation: Ground Level w/steps
  • NumberOfUnits: 4
  • PropertySubType: Single Family Residence
  • Zoning: LAC2
  • French Doors
  • Repair Cosmetic
  • Additions/Alter
  • Spa
  • Has spa
  • None

Property Map

$5,250,000 – 12926 -12932 Venice Blvd, Los Angeles, CA 90066

Street View

Nearby Schools

Request More Information

Schedule a Showing