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426 S Venice Blvd
Venice, CA 90291
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Ideal Venice location
- Estimated 75% rental upside potential w/ renovations
- Private rooftop decks and lofts in 4 units
- Extremely low per unit and per foot basis compared to the comps
- Rec Room ADU approval in process resulting in 9 units when complete
- Soft story retrofit completed
Property Facts
| No. Units | 9 | Building Size | 6,332 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 2.21/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | LAR3 - restricted Density Multiple Dwelling | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,332 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.21/1,000 SF |
| Zoning | LAR3 - restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 4 | - | - |
| 2+2 | 2 | - | - |
Property Taxes
| Parcel Number | 4227-002-028 | Improvements Assessment | $1,377,447 |
| Land Assessment | $2,066,171 | Total Assessment | $3,443,618 |
Property Taxes
Parcel Number
4227-002-028
Land Assessment
$2,066,171
Improvements Assessment
$1,377,447
Total Assessment
$3,443,618
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