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Venice Apartments 1146 Venice Blvd 4 Unit Apartment Building $1,647,000 ($411,750/Unit) 4.95% Cap Rate Venice, CA 90291
INVESTMENT HIGHLIGHTS
- Remodeled Great Condition Building
- Excellent Location
- Good Sized Units
EXECUTIVE SUMMARY
*** Please Contact for Videos and More Info*** ***One Unit can be Delivered Vacant for Owner Users***Fantastic opportunity to acquire this remodeled and very well maintained four-unit building, located in an excellent Venice location. Totaling 3,116 SF on a 4,489 SF lot, this updated two story building, consists of 4 units, each 1 bed /1 bath. All units have been recently renovated with new floors, new appliances, remodeled bathrooms and kitchens. Additional upgrades to the building include new copper plumbing, updated electrical throughout and newer windows. Further features include 4 garage spaces, storage, as well as great patio areas. This is a wonderful investment property, in a great neighborhood.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,647,000 | Apartment Style | Low-Rise |
| Price Per Unit | $411,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 4.95% | Building Size | 3,116 SF |
| Gross Rent Multiplier | 16.17 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1952/2015 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Zoning | R4, Los Angeles - Apartment Block - 4 plex | ||
| Price | $1,647,000 |
| Price Per Unit | $411,750 |
| Sale Type | Investment |
| Cap Rate | 4.95% |
| Gross Rent Multiplier | 16.17 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 3,116 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1952/2015 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R4, Los Angeles - Apartment Block - 4 plex |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Refrigerator
- Tub/Shower
- Yard
- Dining Room
- Garden
- Large Bedrooms
SITE AMENITIES
- Fenced Lot
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 779 |
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 4236-001-014 | Total Assessment | $1,554,849 |
| Land Assessment | $1,128,326 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $426,523 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
4236-001-014
Land Assessment
$1,128,326
Improvements Assessment
$426,523
Total Assessment
$1,554,849
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Venice Apartments | 1146 Venice Blvd
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