This Multifamily Property is no longer advertised on LoopNet.com.

559 Sunset Ave
Venice, CA 90291
 Multifamily Property For Sale · 14 Units

Apartment Buildings California Venice 559 Sunset Ave, Venice, CA 90291

INVESTMENT HIGHLIGHTS

  • Potential to Deliver Five (5) Units Vacant
  • 17 Parking Spots (Includes 5 Tandem Spaces)
  • Almost Entirely Two-Bedroom Units
  • Situated on a Double Lot (11,270 SF) Walking Distance to Rose Avenue & 6th Avenue
  • Approximately 63% Upside in Rental Income
  • Short Walk to Abbot Kinney & Whole Foods

PROPERTY FACTS

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.26 AC
Building Size 10,651 SF
Average Occupancy 64%
No. Stories 2
Year Built 1964
Parking Ratio 1.6/1,000 SF
Zoning LARD1.5

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $1,364 590
2+1 12 $2,571 800

PROPERTY TAXES

Parcel Number 4240-010-035 Improvements Assessment $1,555,500
Land Assessment $4,386,000 Total Assessment $5,941,500
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  • Listing ID: 27044910

  • Date on Market: 11/4/2022

  • Last Updated:

  • Address: 559 Sunset Ave, Venice, CA 90291

More public record information on 559 Sunset Ave, Venice, CA 90291

The Multifamily Property at 559 Sunset Ave, Venice, CA 90291 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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