Overview
- Apartment
- 0
- 1954
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 building’s 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*
Address
Open on Google Maps- Address Venice Blvd
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90006
Details
Updated on May 6, 2026 at 2:08 pm- Property ID: HZPW26098354
- Price: $1,850,000
- Garage: 0
- Year Built: 1954
- Property Type: Apartment
- Property Status: ResidentialIncome
- Listed by: Hyeyeon Lee
- DRE #: 02225694
- Contact Phone: 213-855-6055
- Contact Mail: AliceTopRealtor@gmail.com
- Brokered by: Dream ERE
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