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250 3rd Ave 8 Unit Apartment Building $3,888,000 ($486,000/Unit) 4.17% Cap Rate Venice, CA 90291
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,888,000 | Apartment Style | Low-Rise |
| Price Per Unit | $486,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 4.17% | Building Size | 4,188 SF |
| Gross Rent Multiplier | 15.3 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1956 |
| Property Type | Multifamily | Parking Ratio | 1/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | RD1.5, Los Angeles - LAR1.5 | ||
| Price | $3,888,000 |
| Price Per Unit | $486,000 |
| Sale Type | Investment |
| Cap Rate | 4.17% |
| Gross Rent Multiplier | 15.3 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 4,188 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 1/1,000 SF |
| Zoning | RD1.5, Los Angeles - LAR1.5 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | $2,500 | - |
| 1+1 | 4 | $3,500 | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 4286-001-012 | Total Assessment | $1,272,487 |
| Land Assessment | $995,247 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $277,240 | Tax Year | 2025 |
Property Taxes
Parcel Number
4286-001-012
Land Assessment
$995,247
Improvements Assessment
$277,240
Total Assessment
$1,272,487
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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250 3rd Ave
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