Log In/Sign Up
2176 Venice Blvd
Los Angeles, CA 90006
17 units | $214k/door - 6.25% Actual Cap Rate · Multifamily Property For Sale
·
17 Units
Investment Highlights
- Incredible value-add opportunity with potential for high returns on investment
- Current Cap Rate of 6.25% and GRM of 11.4, with potential to increase to 10.48% Cap Rate and 7.6 GRM on proforma
- 5 units have already been fully remodeled with permits, featuring modern cabinets and flooring
- 17 units at a low price of only $214k per door
- Includes 3 brand-new attached ADUs currently under construction
- Prime location in a desirable neighborhood
Property Facts
| No. Units | 17 | Building Size | 9,311 SF |
| Property Type | Multifamily | Average Occupancy | 76% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1963/2024 |
| Building Class | B | Parking Ratio | 0.54/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | C1-1VL-HPOZ-CPIO | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 9,311 SF |
| Average Occupancy | 76% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2024 |
| Parking Ratio | 0.54/1,000 SF |
| Zoning | C1-1VL-HPOZ-CPIO |
Amenities
- Bus Line
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Views
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 14 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 5074-018-025 | Improvements Assessment | $1,147,500 |
| Land Assessment | $2,244,000 | Total Assessment | $3,391,500 |
Property Taxes
Parcel Number
5074-018-025
Land Assessment
$2,244,000
Improvements Assessment
$1,147,500
Total Assessment
$3,391,500
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
