This Multifamily Property is no longer advertised on LoopNet.com.

240 3rd Ave
Venice, CA 90291
Multifamily Property For Sale · 8 Units

Investment Highlights

  • Desirable unit mix, consisting of (4) 1 Bed/1 Bath units and (4) Studios, with one unit delivered vacant
  • Conveniently located in Venice, in proximity to major metropolitan amenities as well as trendy restaurants and coffee shops
  • With ADU development potential, the site provides valuable upside for future expansion (Buyer to Verify)

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 3,288 SF
Average Occupancy 12%
No. Stories 2
Year Built 1956
Parking Ratio 2.43/1,000 SF
Zoning LARD1.5

Amenities

Unit Amenities

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

Site Amenities

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

Property Taxes

Property Taxes

Parcel Number
4286-001-014
Land Assessment
$2,069,355
Improvements Assessment
$689,785
Total Assessment
$2,759,140
  • Listing ID: 39052836

  • Date on Market: 1/12/2026

  • Last Updated:

  • Address: 240 3rd Ave, Venice, CA 90291

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