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Lender Owned Newly Completed Two-Unit Duplex 337 6th Ave 2 Unit Apartment Building $3,750,000 ($1,875,000/Unit) Venice, CA 90291
Investment Highlights
- Amenities: Polished Concrete Floors, Recessed LED lighting, Wall of Glass Sliding Doors, Oak Flooring In Bedrooms, Spa-Like Baths
- Two Units Delivered Vacant at Close
- Prime Venice Location North of Abbot Kinney Blvd
- Private Parking, Private Rooftop Lounge & Storage Space For Each Unit
- EV-Ready Garage At Grade Level And A Large Detached Bonus Storage/Artist Studio Space Built Above
- Minutes From Venice Beach Boardwalk
Executive Summary
337 6th Avenue is a vacant +/-5,307 net rentable SF two-story multifamily property ideally located in Venice, CA. Total gross square footage is +/-7,020 SF. The unit mix consists of (2) 4-bedroom+den/3.5-bath units. Unit amenities include polished concrete floors, recessed LED lighting, integrated media hookups, wall of glass sliding doors in the dining area, voluminous private quarters lined with light oak flooring and spa-like primary baths. Amenities also include an additional ±1,713 SF of balcony, private rooftop sky lounge and garage space. Additional amenities include private rooftop patio areas, balconies & flexible spaces. Zoned RD1.5, the property sits on a ±6,406 SF lot. There is currently no Certificate of Occupancy on the property. Property is pending the two lot subdivision from the city before CofO can be granted for each single family home. Final utilities for one of the buildings will need to be installed after the subdivision and then certificate will be granted.
Property Facts
| Price | $3,750,000 | Apartment Style | Low-Rise |
| Price Per Unit | $1,875,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Sale Condition | High Vacancy Property | Building Size | 7,020 SF |
| No. Units | 2 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2026 |
| Zoning | RD1.5 - Restricted Density Multiple-Family Zone | ||
| Price | $3,750,000 |
| Price Per Unit | $1,875,000 |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,020 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2026 |
| Zoning | RD1.5 - Restricted Density Multiple-Family Zone |
Amenities
Unit Amenities
- Balcony
- Storage Space
- Kitchen
- Yard
- Dining Room
- Lawn
- Large Bedrooms
Site Amenities
- Picnic Area
- Bicycle Storage
- Car Charging Station
- Lounge
- Multi Use Room
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Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 4240-010-014 | Improvements Assessment | $1,237,260 |
| Land Assessment | $2,045,100 | Total Assessment | $3,282,360 |
Property Taxes
Parcel Number
4240-010-014
Land Assessment
$2,045,100
Improvements Assessment
$1,237,260
Total Assessment
$3,282,360
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Lender Owned Newly Completed Two-Unit Duplex | 337 6th Ave
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