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Apartments For Sale • 5,608 SF
| A Brand-New Roof (2025) and Upgraded Electrical Panels (2025) Provide an Excellent Physical Plant for New Ownership. |
| Select Units have Stainless Steel Kitchen Appliances, In Unit Washers/Dryers, New Paint, Upgraded Kitchens & Finishes |
| Operating at a Current 5.74% Cap Rate with Additional Upside, This Would be the Highest Cap Rate for a Multi-Family Transaction in Venice in 2024 |
| Long Term Ownership, Family Owned and Operated and Has Not Been on Market in Over 20 Years |
| The Government-Required Seismic Retrofit Work Has Been Completed, Saving a New Investor Substantial Capital and Time. |
| Located in a Sought-After Pocket of Venice, Minutes from Rose Avenue, Abbot Kinney, and Venice Boulevard, with Easy Access to Restaurants, Bars, Gyms |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 14 min | - | 6.9 mi |
| Bob Hope | 38 min | - | 24.5 mi |
| Long Beach (Daugherty Field) | 36 min | - | 26.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 4 |
| Type: | Covered |
| Included in Rent: | Yes |
