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… Read More 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* Read Less
Property listed by Dream ERE, Hyeyeon Lee 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Property Type
Apartment
Lot Size
0.19 Acres
Year Built
1954
MLS Number
PW26098354
Additional Details
Building
Built in 1954, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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