18
See all 18 photos
$1,850,000
Est. payment /mo
10 Beds
10 Baths
8,408 Sqft Lot
New
1475 Venice Blvd Los Angeles, CA 90006
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26098354
Bedrooms 10
Lot Size 8,408 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
The Venice Apartments is a 10-unit multifamily building constructed in 1954, offering well-proportioned one-bedroom, one-bathroom apartments that appeal to a broad tenant base. The property is situated on an approximately 8,426sqft parcel and provides stable in-place income with additional potential for future growth. Each unit is individually metered for gas and electricity, allowing for efficient utility management. The property has also recently undergone electrical system upgrades, including improvements to the main electrical panel and sub-panels, enhancing the buildings infrastructure and long-term reliability. With its functional unit layouts, improved building systems, and strong surrounding rental demand, the property offers investors the opportunity to further enhance value through thoughtful unit improvements and operational optimization. *Please email listing agent for full offering memorandum*
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Located on Venice & Magnolia
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5056007022
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Hyeyeon Lee, DRE#02225694 Dream ERE
NEARBY SCHOOL & BUSINESS
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