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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 | Building Size | 3,288 SF |
| Property Type | Multifamily | Average Occupancy | 12% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 2.43/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | LARD1.5 | ||
| 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
| Parcel Number | 4286-001-014 | Improvements Assessment | $689,785 |
| Land Assessment | $2,069,355 | Total Assessment | $2,759,140 |
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
The Multifamily Property at 240 3rd Ave, Venice, CA 90291 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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