558 San Juan Ave - Apartments FOR SALE


Venice, CA 90291
$2,500,000 USD
310-383-5927
558 San Juan Ave, Venice, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/21
null | 3.06% Cap Rate

558 San Juan Ave
Venice, CA 90291


HIGHLIGHTS

  • Prime Location
  • High Visibility

OVERVIEW

Duplex Built in 1990 & Front House Built in 1928 - Distinctive Venice triplex located at 558 San Juan Avenue, offering a rare blend of architectural design, income potential, and long-term flexibility in one of the most desirable rental submarkets on the Westside. The property is anchored by a charming 2-bedroom, 1-bath front house set behind mature landscaping and a private front yard, creating a true single-family feel from the street. The rear of the property features a custom architect-designed duplex built in 1990 and not subject to the Los Angeles Rent Stabilization Ordinance (RSO). The two one-bedroom, one-bath loft-style units showcase dramatic double-height ceilings reaching approximately 20 feet, expansive windows, and open layouts that emphasize light, volume, and modern design, with one of the one-bedroom units currently vacant, offering immediate upside for an investor or flexibility for an owner-user. A lush central courtyard serves as the heart of the property, providing a serene and private outdoor environment rarely found in Venice multifamily offerings. The property includes three ground-level storage spaces beneath the rear structure, two of which are currently vacant, presenting immediate upside through additional storage income or potential ADU conversion (buyer to verify). Each unit is provided a dedicated garage parking space, enhancing tenant appeal.Ideally located just moments from Abbot Kinney Boulevard and a short distance to the beach, the property benefits from exceptional walkability and sustained tenant demand driven by Venice's lifestyle amenities, dining, retail, and coastal proximity. With strong architectural identity, multiple income streams, and future development potential, 558 San Juan Avenue represents a compelling opportunity for investors and owner-users alike.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$760 USD /SF

# OF UNITS

3

PRICE/UNIT

$833,333

CAP RATE

3.06%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

558 San Juan Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,199 SF

ZONING

LARD1.5

APN/PARCEL ID

4239-026-003

ASK ABOUT THIS PROPERTY

Chase SimontonRE/MAX One - Simonton Commercial GroupMore Info
310-383-5927

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Chase SimontonRE/MAX One - Simonton Commercial GroupMore Info
310-383-5927

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