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Listed by Hyeyeon Lee, DRE #02225694 • Dream ERE
$ 1,850,000
Est. payment /mo
Active
1475 Venice Blvd Los Angeles, CA 90006
8,408 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26098354
Year Built 1954
Lot Size 8,408 Sqft
Source California Regional MLS
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 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*
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Exterior
Parking Features Parking Area
Pool None
Building
Water District - Public
Others
Tax ID 5056007022
Special Listing Condition Not Applicable
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