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 buildings 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*
Features
10 bedrooms
10 bathrooms
crop_free8408 sq. ft. lot size
cottageMulti-Family
Property history for 1475 Venice Blvd
2017
Sold
$1,745,000
18 May 2017 by Adam Zunder, of Keller Williams Studio City
Happy sellers in Los Angeles
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Local market activity for 10 bedroom multi families in Los Angeles
Sold
For Sale
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