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Apartments For Sale • 5,608 SF
| Operating at a Current 5.38% 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 by Current Ownership, Saving a New Investor Time and Capital |
| A Sought-After Venice Pocket, Minutes From Rose Avenue, Abbott Kinney & Venice Boulevard. Easy Access to Restaurants, Bars, Gyms & Entertainment |
| Select Units have Stainless Steel Kitchen Appliances, In Unit Washers/Dryers, New Paint, Upgraded Kitchens & More |
| 100% Two & Three-Bedroom Units, with Large Common Area Outdoor Space |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 13 min | - | 7.0 mi |
| Bob Hope | 36 min | - | 23.8 mi |
| Long Beach (Daugherty Field) | 36 min | - | 26.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 4 |
| Type: | Covered |
| Included in Rent: | Yes |
Sean Rosenzweig
Marcus & Millichap
Sean Rosenzweig
Marcus & Millichap
