1366 Riviera Ave - Apartments FOR SALE


Venice, CA 90291
$2,045,000 USD
310-907-6517
1366 Riviera Ave, Venice, CA for Sale
$2,045,000 USD
Apartments - FOR SALE
1/21
null | 4.62% Cap Rate

1366 Riviera Ave
Venice, CA 90291


OVERVIEW

Charming 5-Unit Victorian Gem in the Heart of Venice Beach! Welcome to the epitome of Venice charm - a beautifully maintained 5-unit Victorian-style compound, just one block from iconic Abbot Kinney Blvd and a short stroll to the beach, canals, and all the best of Westside living. Originally built in 1908, the front building features (4) classic 1 bed / 1 bath units, each brimming with character and original architectural details. Tucked behind, the fully renovated 1920s back house offers an additional 1 bed / 1 bath residence perfectly blending vintage soul with modern comfort. With a total of 3,217 sqft on a 2,848 sqft lot, this property is an ideal opportunity for both investors and owner-users. One unit is currently vacant making it move-in ready without the hassle of navigating tenant relocations and on-site laundry is conveniently located for all tenants use. Enjoy a lush, shared courtyard nestled between the buildings - a dreamy outdoor space perfect for lazy afternoons under the tree, reading, relaxing, or grilling with friends after a day in the surf. Located steps from Venice's top dining spots like Felix, Gjelina, Scopa, and Great White, and just around the corner from Erewhon, the Venice Farmer's Market, and the vibrant "First Fridays" on Abbot Kinney - this is beach city living at its finest. With the sand less just a few blocks away, you'll feel the ocean breeze as soon as you step outside. A rare find that captures the true spirit of Venice this property won't last.

FOR SALE DETAILS

PRICE

$2,045,000 USD

PRICE/SF

$785 USD /SF

# OF UNITS

5

PRICE/UNIT

$409,000

CAP RATE

4.62%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,849 SF

ZONING

LARD1.5

APN/PARCEL ID

4238-008-029

ASK ABOUT THIS PROPERTY

Tami PardeePardee PropertiesMore Info
310-907-6517

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Tami PardeePardee PropertiesMore Info
310-907-6517

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.