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2220 Brenta Pl
Venice, CA 90291

$2,800,000 USD

Apartments For Sale • 4,904 SF

Property Details

Property Type Apartments
Total Building Size 4,904 SF
Lot Size 0.12 AC
Building Class C
Year Built 1953
Cap Rate 3.57 %
Zoning LAR3

54 Transit Score

92 Walk Score

                
                    Highlights
                
                                Charming 1950's apartment complex on quiet side street off Venice Boulevard
                            
                                All units are 1 bedroom / 1 bath with 4 close to market and 4 with significant upside
                            
                                Tenants pay for gas & electric
                            
                                Adjacent to a 15 unit building for sale by the same owner (923-933 Venice Blvd)
                            
                                Zoning R3 TOC TIER 3 (Max up to 12 units)

Financial Summary (Actual)

Net Operating Income: $100,031 USD (2024)

Cap Rate:	3.57 %
Total Expenses:	$69,309 USD

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	11 min	-	6.0 mi
Bob Hope	34 min	-	23.4 mi
Long Beach (Daugherty Field)	33 min	-	25.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Stephen Lampe 310-880-1151 RE/MAX Commercial & Investment Realty

2220 Brenta Pl Venice, CA 90291