$2,995,000

Estimated payment $19,711/month

Total Views 1,672
7 Beds
10 Baths
6,411 Sq Ft
$467 Price per Sq Ft

Highlights

  • Laundry Facilities
  • Space Heater
  • 5-minute walk to Windward Plaza
  • Venice High School Rated A

About This Home

Excellent opportunity to purchase a 9-unit building a few blocks from the famous Venice Canals, and the Ocean. 1921 Canal Street (building right next store) is also available. Identical unit mix and square footage, can be purchased together or separately. Both Buildings are Fully leased. Some units have been updated. Most rents under market value with big upside when units become vacant. 8 parking spots allocated to tenants for each building. See Income and unit breakdowns. Inside with accepted offer.

Listing Agent

Jeff Konecke

Dogtown Realty License #01355867

Dogtown Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 5,978 Sq Ft Lot
  • Lot Dimensions are 60x100

Interior Spaces

  • 6,411 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 10 Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway
  • Assigned Parking

Utilities

  • Space Heater
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4238-022-032

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6411
  • Lot Acreage: 0.1372
  • Lot Dimensions: 60x100
  • Stories: 2
  • Year Built: 1972
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Common Walls: Attached
  • Laundry: Community
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 467.17

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Driveway
  • Total Parking: 8

Utilities

  • Heating: Space Heater, Wall
  • Water: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 28.77
  • Assessed Improvement Value: 316425
  • Assessed Land Percent: 71.23
  • Assessed Land Value: 783553
  • Total Assessed Value: 1099978
  • Assessor Parcel Number: 4238-022-032
  • Lot Size Area: 5978

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 16.90
  • Number Of Units: 9
  • Rent Control: 100
  • Total Annual Expense: 62312
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 For Sale $2,995,000 -- $467 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25519755

The MLS