List Price: $1.67M

Listing Status: Active

Original List Price: $1.7M

Days on Market: 183

0 Bedrooms · 0 Bathrooms

Property Type: ResidentialIncome

Year Built: 1949

Lot Size: 4,364 sq ft

Garage Spaces: 2

Private Pool: Yes

MLS Number: SB25239794

About This Property

3 out of 4 Units will be delivered VACANT! Charming 4-Unit Investment Opportunity in Prime Venice Location Built in 1949, this well-maintained 4-unit apartment building sits on a 4,364 sq ft lot and offers a total of 1,870 sq ft of living space. Each unit is a 1-bedroom, 1-bath, ideally situated on a quiet, tree-lined street in one of Venice’s most sought-after residential neighborhoods. Presenting immediate upside for investors or owner-users will operate at 6.51% CAP & 11.27 GRM. Recent upgrades include a new roof, approximately 90% updated plumbing, and a shared laundry room. The property also boasts two private backyards, two single-car garages with ADU potential, and three additional off-street parking spaces—a rare convenience in Venice. Located just down the street from Penmar Golf Course and moments from popular cafes, restaurants, fitness studios, and top-rated schools. This high-demand location supports strong, consistent rental income and long-term appreciation potential.

Property Photos