1918 Canal St - Apartments FOR SALE


Venice, CA 90291
$1,750,000 USD
818-715-0965
1918 Canal St, Venice, CA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/11
null | 3.89% Cap Rate

1918 Canal St
Venice, CA 90291


OVERVIEW

Calling all owner/users and investors - 1918 Canal Street in Venice, CA presents a prime duplex opportunity in one of Los Angeles’ most desirable rental markets. The property features a downstairs 1-bedroom unit (currently rented) and an upstairs 2-bedroom unit (delivered vacant), each with in-unit laundry and private outdoor space. The building is non-RSO and includes one approved permit for a studio ADU - ready to unlock additional rental income or flexible live/work possibilities. This property is perfectly suited for an owner-user looking to occupy the upstairs unit while generating income from the others, or for investors seeking reliable returns in a premier coastal location. With Venice rents among the highest on the Westside and demand consistently supported by limited supply, the property offers both short-term cash flow and long-term appreciation in a blue-chip submarket. Drive-by only – please do not disturb occupants. Contact Justin or Karla for OM or more information. DISCLAIMER: The broker and broker’s agents do not guarantee the accuracy of square footage, bedroom/bathroom counts, lot size, or dimensions. Buyers are strongly advised to conduct their own independent investigations to verify all information. This includes inspections and consultations with appropriate licensed professionals. Prior to closing escrow, buyers should ensure all aspects of the property meet their satisfaction through verification.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$854 USD /SF

# OF UNITS

2

PRICE/UNIT

$875,000

CAP RATE

3.89%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,853 SF

ZONING

LARD2

APN/PARCEL ID

4238-023-014

ASK ABOUT THIS PROPERTY

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818-715-0965

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Justin SeigelADR Preferred Business PropertiesMore Info
818-715-0965

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