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Executive Summary

Nestled in the vibrant Mid–Los Angeles neighborhood, this charming 8-unit property at 2113 Venice Boulevard offers a compelling investment opportunity. Comprised of two separate structures with four units each, the property features a desirable unit mix of seven one-bedroom, one-bath units and one spacious two-bedroom, two-bath unit, catering to a broader tenant base. The total living area spans approximately 5,858 square feet on a generous 7,294-square-foot lot. The property generates approximately $144,588 in annual rental income and includes four assigned parking spaces for added convenience. Ideally situated, this location blends the accessibility of Mid-City with close proximity to the vibrant cultural and culinary hub of nearby Koreatown. Residents benefit from easy access to dining, entertainment, and major transit corridors, while investors will appreciate the consistent rental demand driven by this central location. With no soft-story retrofit required, the asset is well-positioned for ease of ownership and long-term stability. This is a prime opportunity to acquire a well-located multifamily property in one of Los Angeles’ most dynamic and evolving neighborhoods.

Property Facts

Price $1,895,000
Price Per Unit $236,875
Sale Type Investment
Cap Rate 5.87%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 5,858 SF
Average Occupancy 100%
No. Stories 2
Year Built 1913
Parking Ratio 0.68/1,000 SF
Zoning C1, Los Angeles - Limited Commercial

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 7 - -
2+2 1 - -
Very walkable
80/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5074-008-014
Land Assessment
$627,771
Improvements Assessment
$269,041
Total Assessment
$896,812
  • Listing ID: 40393642

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 2113 Venice Blvd, Los Angeles, CA 90006

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