Gross Multiplier Formula/Market Price for propertyThe average sales price per square foot is $225 for a NON rent controlled property in this area. Venice Blvd is a very busy and noisy street too. If the owner is GETTING the monthly income he is stating, (almost $4 per foot per month) he has all of his tenants living in "la-la land" too! Question refers to 11412 Venice Blvd APT 1, Los Angeles, CA 90066June 09 200800YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.