2418 Pacific Ave | Venice, CA 90291
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- LoopNet Team
2418 Pacific Ave
Venice, CA 90291
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Can be sold with an identical 4-plex next door at 2420 Pacific Ave.
- Studio Unit Will be Delivered Vacant.
- The Property is Low Maintenance With Select Units Renovated, Copper Plumbing, and a Relatively New Roof.
- Located off Venice Canal Walk Streets, with Venice Beach Just Seconds Away.
- The Building Features 6 Carport Parking Spaces and a Patio/Deck for 3/4 of the units, Making it easy to Find Tenants and Achieve Premium Rents.
- Ideal for an Owner-Occupant Seeking to Offset Their Mortgage with Rental Income or an Investor Looking to Utilize Residential Financing with 75% LTV.
Property Facts
| No. Units | 4 | Building Size | 2,807 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1965 |
| Lot Size | 0.07 AC | ||
| Zoning | RD1.5 - restricted Density Multiple Dwelling | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.07 AC |
| Building Size | 2,807 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Zoning | RD1.5 - restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $3,867 | - |
| 2+1 | 1 | $4,300 | - |
| Studios | 2 | $2,497 | - |
Property Taxes
| Parcel Number | 4227-004-038 | Improvements Assessment | $290,890 |
| Land Assessment | $297,549 | Total Assessment | $588,439 |
Property Taxes
Parcel Number
4227-004-038
Land Assessment
$297,549
Improvements Assessment
$290,890
Total Assessment
$588,439
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