1920 Canal St - Apartments FOR SALE


Venice, CA 90291
$1,595,000 USD
818-715-0965
1920 Canal St, Venice, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/3
null | 3.71% Cap Rate

1920 Canal St
Venice, CA 90291


HIGHLIGHTS

  • Prime Venice Duplex w/ Value-Add Potential
  • 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 1920 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 and an upstairs 2-bedroom unit, both currently occupied, each with in-unit laundry and private outdoor space. The building is non-RSO and includes one approved permit for a studio ADU — providing the opportunity to unlock additional rental income or flexible live/work possibilities. 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

3.71%

% 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

2,909 SF

ZONING

LARD2

APN/PARCEL ID

4238-023-015

ASK ABOUT THIS PROPERTY

Justin SeigelADR Preferred Business PropertiesMore Info
818-715-0965

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

Justin SeigelADR Preferred Business PropertiesMore Info
818-715-0965

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