Overview
- 14
- 20
- 12822
- 1972
Description
PLEASE DO NOT DISTURB TENANTS. Excellent opportunity to purchase two (2) side-by-side 9-unit buildings (1917 and 1921 Canal St) a few blocks from the famous Venice Canals and Ocean Front Walk (Identical unit mixes, building square footages, and lot sizes). All the Bachelor units (both buildings) have kitchenettes. One unit will be delivered vacant. Some units have been updated. Some rents well under market value with big upside when units become vacant (Projected at more than 90%). Total of 16 parking spots allocated to tenants. 1917 Canal St has one two car garage. See Income and unit breakdowns. Inside with accepted offer. Soft Story Retrofit Completed. Balcony inspections and work completed. Laundry income $2544/yr. CAP Rate includes property taxes based on the listing price. Virtual Tour button has drone video of the property and the area.
Address
Open on Google Maps- Address Canal
- City Venice
- State/county Los Angeles
- Zip/Postal Code 90291
Details
Updated on October 30, 2025 at 10:06 am- Property ID: HZ25609189
- Price: $4,600,000
- Property Size: 12822 Sq Ft
- Bedrooms: 14
- Bathrooms: 20
- Year Built: 1972
- Property Status: ResidentialIncome
- Listed by: Jeff Konecke
- DRE #: 01355867
- Contact Mail: jfkproperties@mac.com
- Brokered by: Dogtown Realty
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