424-405-3826
30 Dudley Ave, Venice, CA for Sale
Apartments - FOR SALE
1/12
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30 Dudley Ave
Venice, CA 90291


HIGHLIGHTS

  • Prime Coastal Asset: Covetable beach-close rental location just 300 feet from the sand, proximate to recreation, attractions, and major employers
  • 18-Unit Apartment Building: With all studio units, charming vintage character, on-site laundry, and a shared patio
  • Upside Potential: Current rents present 17 percent rental upside while consistent rental demand supports stable cash flow
  • Strong Demographics: Tenant base supported by a one-mile average household income over $148,000
  • Property Tour Thursday, September 10th at 1pm

OVERVIEW

PROPERTY TOUR THURSDAY, SEPTEMBER 10TH AT 1PM Marcus & Millichap is pleased to present to market the exciting opportunity to acquire a prime piece of Venice real estate: 30 Dudley Avenue. This 18-unit vintage charmer boasts an irreplaceable location just 300 feet from the sand and the famed Venice Boardwalk. Consisting of all studios and featuring a front patio for tenants’ enjoyment, laundry facilities, ocean-view balconies for two units, and a large basement, this trophy asset presents an excellent coastal acquisition opportunity with consistent rental demand and upside potential in an affluent submarket. 30 Dudley Avenue is offered unpriced.

FOR SALE DETAILS

PRICE

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# OF UNITS

18

CAP RATE

Request Cap Rate

% LEASED

100%

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

0.09 AC

LAND SF

3,752 SF

ZONING

LARD1.5

APN/PARCEL ID

4286-021-009

ASK ABOUT THIS PROPERTY

Steve BogoyevacMarcus & MillichapMore Info
424-405-3826

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Steve BogoyevacMarcus & MillichapMore Info
424-405-3826

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