1918 Canal St - Apartments FOR SALE


Venice, CA 90291
$1,595,000 USD
818-715-0965
1918 Canal St, Venice, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/12
null | 4.39% Cap Rate

1918 Canal St
Venice, CA 90291


HIGHLIGHTS

  • Prime duplex with one vacant 2 bed/2 bath
  • Approved & Paid ADU Permit
  • Premier Venice Canals Location

OVERVIEW

Rare Side-by-Side Venice Duplex Opportunity – 1918 & 1920 Canal - Available Individually or Together - $1,595,000 Each 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, 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 for OM.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$778 USD /SF

# OF UNITS

2

PRICE/UNIT

$797,500

CAP RATE

4.39%

% 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.