$1,800,000
For Sale by Owner $266/sq ft
Listed 23 days ago

1BR Multi-Family for Sale in Los Angeles, CA

1475 Venice Blvd, Los Angeles, CA 90006
10 Beds
10 Bath
6,766 sq ft
Built 1954
PropSlick Verified Data Key facts & insights for this exact address
$266
Price / sq ft
1954
Year Built
$25,753
Property Tax / yr
8,407 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1954
Square Footage6,766 sq ft
Lot Size8,407 sq ft
Annual Property Tax$25,753
Price / SqFt$266

Property Description

CAP 6.84% 2 UNITS TO BE DELIVERED VACANT AT CLOSE OF ESCROW. PRICED TO MOVE: 10-UNIT MULTIFAMILY IN THE PATH OF PROGRESS. Welcome to The Venice Apartments a powerhouse addition to your portfolio or the perfect 1031 exchange destination. Situated right between DTLA and Koreatown, this mid-century property features ten spacious 1-bed/1-bath units capitalizing on Los Angeles' strongest rental demand. Recent infrastructure overhauls include massive electrical system upgrades (main panel and sub-panels completed). Separately metered for gas and electricity means low owner overhead and optimal operational efficiency. High walk score (91) guarantees zero friction filling vacancies. Seller is highly motivated and looking for a clean, lightning-fast close. Bring your best terms and let's lock this down today. The "Value-Add" Play (Aggressive & ROI-Focused)ATTENTION AGGRESSIVE INVESTORS: MASSIVE UPSIDE + MOTIVATED SELLER. Stop looking at low-yield properties. 1475 W Venice Blvd is an absolute cash-flow engine waiting to be fully unlocked. 10 individual 1-bed/1-bath units in a Walker's Paradise location just minutes from USC, DTLA, and Koreatown. The heavy lifting on infrastructure is already underway with electrical system upgrades in progress. Stable in-place income gives you immediate day-one revenue, while an aggressive unit-turn strategy offers massive pro-forma upside. Listed below peak comps for an immediate response. Cash, conventional, or 1031 exchange welcome. Blink and you'll miss it. Submit your offer now before the quicker one takes it. 10 UNITS. PRIME HARVARD HEIGHTS. SELLER MOTIVATED TO MOVE. Don't wait on this one. 1475 W Venice Blvd is priced to sell now. 10 units (all 1+1 layouts) sitting on an 8,400+ SF lot in the direct path of DTLA/K-Town progress. Features low landlord expenses with separate gas/electric meters and brand-new electrical panels/sub-panels already rolling. Exceptional public transit access and a 91 Walk Score keep tenant demand permanently high. Seller is ready to review clean offers immediately and move at lightning speed. Call listing agent for the full Offering Memorandum and secure this asset before it hits the pending list. The main panel and sub-panel electrical upgrades signals that the building isn't a total deferred-maintenance trap. The Utility Layout: Highlighting individual gas/electric meters is music to a multifamily investor's ears because it keeps landlord expenses predictable. The Location Leverage: Calling out the 91 Walk Score and proximity to K-Town/DTLA reminds buyers of how easy it is to keep the building at 100% occupancy.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Air Conditioning
Heating

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
View Full Property History on MarketTimeline
Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
EHO PropSlick is committed to the Fair Housing Act. We do not permit discrimination based on race, color, religion, sex, national origin, disability, or familial status. Report a violation.

Similar Properties

ML
Max Lee
Listing Contact
Typically responds within 24 hours
Call the seller
213-380-XXXX
or send a message
Your details stay private — we never sell your information.
Get Pre-Approved
Compare mortgage rates from top lenders in minutes.
Check Rates
PropSlick may earn a commission from these links.
Compare Home Insurance
Find the right coverage for your new home.
Compare Quotes
PropSlick may earn a commission from these links.
Need Help Moving?
Get free quotes from licensed movers in your area.
Get Free Quotes
PropSlick may earn a commission from these links.