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2001 Penmar Ave
Venice, CA 90291
6.41 CAP 14 Units in A+ Venice Location · Multifamily Property For Sale
·
14 Units
Investment Highlights
- Prime Venice location on a quiet, tree-lined corner at Penmar & Superba Avenue
- 14 total units with an ideal mix of studios, 1-bedroom, and 2-bedroom floor plans
- Three newly constructed ADUs (Accessory Dwelling Units): 2 attached + 1 detached
- 6.41 CAP RATE
- 10 of 14 units fully renovated with high-end finishes and luxury features
- LOAN MUST BE ASSUMED: INQUIRE FOR DETAILS
Property Facts
| No. Units | 14 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 9,532 SF |
| Property Subtype | Apartment | Average Occupancy | 93% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1962 |
| Zoning | R3, Los Angeles - Multiple Family Dwelling Residential | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 9,532 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | R3, Los Angeles - Multiple Family Dwelling Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Patio
Site Amenities
- Laundry Facilities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 300 |
| 1+1 | 4 | - | 600 |
| 2+1 | 5 | - | 750 |
| 2+2 | 3 | - | 1,200 |
Property Taxes
| Parcel Number | 4242-009-011 | Improvements Assessment | $1,720,334 |
| Land Assessment | $2,273,106 | Total Assessment | $3,993,440 |
Property Taxes
Parcel Number
4242-009-011
Land Assessment
$2,273,106
Improvements Assessment
$1,720,334
Total Assessment
$3,993,440
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