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30 Dudley Ave 18 Unit Apartment Building For Sale Venice, CA 90291
Investment Highlights
- Prime Coastal Asset: Covetable beach-close rental location just 300 feet from the sand, proximate to recreation, attractions, and major employers
- Upside Potential: Current rents present 17 percent rental upside while consistent rental demand supports stable cash flow
- Property Tour Thursday, September 10th at 1pm
- 18-Unit Apartment Building: With all studio units, charming vintage character, on-site laundry, and a shared patio
- Strong Demographics: Tenant base supported by a one-mile average household income over $148,000
Executive Summary
PROPERTY TOUR THURSDAY, SEPTEMBER 10TH AT 1PM
Marcus & Millichap is pleased to present to market the exciting opportunity to acquire a prime piece of Venice real estate: 30 Dudley Avenue. This 18-unit vintage charmer boasts an irreplaceable location just 300 feet from the sand and the famed Venice Boardwalk. Consisting of all studios and featuring a front patio for tenants’ enjoyment, laundry facilities, ocean-view balconies for two units, and a large basement, this trophy asset presents an excellent coastal acquisition opportunity with consistent rental demand and upside potential in an affluent submarket.
30 Dudley Avenue is offered unpriced.
Marcus & Millichap is pleased to present to market the exciting opportunity to acquire a prime piece of Venice real estate: 30 Dudley Avenue. This 18-unit vintage charmer boasts an irreplaceable location just 300 feet from the sand and the famed Venice Boardwalk. Consisting of all studios and featuring a front patio for tenants’ enjoyment, laundry facilities, ocean-view balconies for two units, and a large basement, this trophy asset presents an excellent coastal acquisition opportunity with consistent rental demand and upside potential in an affluent submarket.
30 Dudley Avenue is offered unpriced.
Property Facts
| Sale Type | Investment | Lot Size | 0.09 AC |
| No. Units | 18 | Building Size | 8,490 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1908 |
| Building Class | C | ||
| Zoning | LARD1.5 - Residential | ||
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 8,490 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1908 |
| Zoning | LARD1.5 - Residential |
Amenities
Unit Amenities
- Kitchen
Site Amenities
- Laundry Facilities
- Vintage Building
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 18 | - | 300 - 400 |
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Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
60/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 4286-021-009 | Improvements Assessment | $587,887 |
| Land Assessment | $627,080 | Total Assessment | $1,214,967 |
Property Taxes
Parcel Number
4286-021-009
Land Assessment
$627,080
Improvements Assessment
$587,887
Total Assessment
$1,214,967
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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