David Pearl

Director
KW Commercial | Santa Monica

David Pearl is a leader in the commercial real estate arena. Having brokered the sale of thousands of apartment units, David truly has an impressive track record. His core beliefs are that honesty and integrity come first. David's experience and industry foresight, aligned with a unique comprehension of his clients' needs and requirements mean that he has expertly handled a wide range of real estate objectives and transactions. His client list is extensive and represents both national and international coverage. His philosophy is built around his understanding of property at the strategic, as well as asset level. David identifies turning points which allow him to pinpoint sectors of the real estate market with strong income potential. David Pearl has tremendous experience in all aspects of sales. After graduating college in 2004, he went on to work for Jive Records in NYC, the biggest and one of the most famous record labels in the world. David was then offered a position at Interep Radio Sales, NYC. Interep handled all of the radio sales for every CBS owned radio station nationally. In 2006, David worked as a mortgage broker for Premier Mortgage Funding. He gained a tremendous amount of knowledge from the lending side, which helped him get a better understanding of the real estate business. When the mortgage meltdown hit, Premier Mortgage Funding filed for bankruptcy and David left the company to go into the commercial real estate business. In 2008, David began his commercial brokerage career by joining Hospitality Consultants Realty Services, Inc. (HCRSI) During his time at HCRSI, David focused on the distressed asset market since the housing crisis was occurring at that time. In addition to becoming a top performer in the sector, much effort was put into developing strong relationships with banks and asset managers. In 2010 David then joined KW Commercial, which is the commercial division of Keller Williams. There, David formed Peal Real Estate Group, which became one of the highest producing teams within the entire company. Once the real estate market recovered, David then shifted his focus to the market rate side of the business, at which point he joined joined Marcus & Millichap. He chose to focus on the sale of apartment buildings in the Koreatown submarket and adjacent neighborhoods. David then went back to his roots and is currently with KW Commercial in Santa Monica. He continues to focus on multifamily sales in the Koreatown area. His clients know him to be extremely transparent, honest, trustworthy and persistent. David eats, sleeps and breathes the commercial real estate business.

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Commercial Multi-Family
For Sale
9 Unit Apartment Building in Mar Vista
11910 Venice Blvd, Los Angeles, California 90066
$3,650,000
.16 Acres
Pearl Investment Group of KW Commercial as the exclusive agent is pleased to offer for sale 11910 Venice Blvd, a 9-unit apartment building in the Mar Vista neighborhood on the extremely desirable West Side of Los Angeles. This 6,900 SF property consists of entirely one-bedroom/one-bath units and sits on a 6,910 SF lot zoned R3-1. The property was built in 1984 and has been tastefully renovated with condo quality finishes. Upgrades include fully renovated kitchens with SS Appliances, fully renovated bathrooms, recessed lighting with dimmers, french doors, frosted glass, crown molding, updated flooring, 9-foot ceilings, paint and new windows. Amenities include controlled access, gated entry, laundry facilities and surface level parking. Tenants pay all utilities, landlord pays trash. One unit will be delivered vacant upon COE. The property is just a short distance to downtown Mar Vista which has a variety of shopping options, coffee shops, bars and restaurants including The Mar Vista, Rustic Kitchen Market & Café, Little Fatty, and Hatchet Hall to name a few. The Mar Vista Farmers Market which is very popular occurs every Sunday is just 0.3 miles away. The property has an 82 Walk Score, “Very Walkable”. 11910 Venice Blvd is extremely well located neighboring Palms, Venice, Marina Del Rey and Culver City. Venice Beach is just 3 miles to the West and the 405 Freeway is just a short distance to the east. Easy access to I-10, SR 90, PCH, and several other arteries. Close proximity to public transit including Expo Line stations in neighboring Palms and Culver City. The property is centrally located to several hot employment centers as Silicon Beach, Culver City, Santa Monica, and Playa Vista are all booming and very close.
2/26/2020 12:37:26 AM   4/9/2020 6:59:16 PM
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