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Marcel Chaparteguy
CA DRE# 00599980

Venice CA Real Estate & Commercial for Sale

The median home value in Venice, CA is $1,961,760. This is higher than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Venice, CA is $1,961,760. Approximately 45.51% of Venice homes are owned, compared to 47.38% rented, while 5.3% are vacant. Venice real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Venice real estate agent to arrange a tour today!
Learn more about Venice.


Showing Homes Nearby Venice, CA
Beds:
n/a
Baths:
Sq.Ft.:
3,564
Status:
Active
MLS#:
CL24351903
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1925
A broker reciprocity listing Courtesy: Robert Leveen - Robert Leveen Robert Leveen robert.leveen@lee-associates.com
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Price Adjustment and Seller will finance with 30% down payment and below market interest rate! Lee & Associates Apartment Advisors is pleased to present Marco Circle apartments located in Venice, CA. First time on the market in 40 years! The property is situated on the world-famous Walk Streets of Venice, and is the only apartment property located on the idyllic Millwood-Venice walk streets. The 3,564 SF property is comprised of three duplex buildings of four x one bedroom/one bath bungalows, and two x two bedroom/one bath apartments. The property is situated on a 7,201 SF R2 Parcel. Soft Story retrofit work has been completed, and two recently leased units have been renovated. Subject to city of Los Angeles RSO. One unit is vacant. Across from recently constructed architectural single family homes. Please do not disturb tenants or walk on property. Please contact listing agents for more information.

Beds:
n/a
Baths:
Sq.Ft.:
2,768
Status:
Active
MLS#:
CL23286813
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Kimberly Roberts Stepp - KW Advisors Kimberly Roberts Stepp krstepp@steppcommercial.com
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538 Rialto Avenue in Venice, California is comprised of three (3) contiguous lots, totaling 7,652 square feet. The property consists of eight (8) bungalow-style units around a shaded outdoor courtyard with five (5) surface parking spaces.The asset offers a unit mix of one (1) 2 BD/1.5 BA; two (2) 1 BD/ 1BA; and five (5) studios, most with enclosed outdoor private spaces and one with a private sauna.The property's location in prime Venice is just one block from high-end shopping and dining amenities along Abbot Kinney Boulevard and within walking distance to the Venice Canals, Venice Beach and Boardwalk as well as vibrant boutiques and restaurants along Main Street and Rose Avenue.Offered at only $274,375 per unit, the asset provides a new investor with 44% rental upside - 9.21x gross and 7.5% cap rate at market rents. 538 Rialto represents a value-add opportunity for investors in an A+ Venice location.

Beds:
n/a
Baths:
Sq.Ft.:
1,634
Status:
Active
MLS#:
CL24378157
Type:
Business Opportunities
Lot size:
0.08 Acres
Year built:
1905
A broker reciprocity listing Courtesy: Vivian Chaing - Property Concierge Vivian Chaing vivian@propertyconcierge.la
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With low down payment SBA financing available & extra income from a mural wall scape, could owning a live/work property in Venice Beach help your creative business grow this year? What if you could own this amazing space for 10% less than it appraised for in October 2020? This is the opportunity at hand as the Seller needs to offset other gains in her portfolio, so we can structure a massive win-win with the Seller's loss and your gain! Etched into the heart of quintessential L.A. coolness in vibrant Venice Beach, and just brimming with potential to bloom into yet untold creative expression. Offering immense flexibility with allowable commercial and residential uses, and strategically located at the entry of the Windward Circle near the Venice sign, this unique creative office or live/work opportunity on a versatile C2 street-to-alley lot is a perfectly blended segue between commercial and residential corridors. Just a hop-skip away from Abbott Kinney (literally crowned "the coolest block in America" in GQ's Style Bible), and just a stone's throw to Rose Corridor and Main Street, just blocks to the sand, and billed as both a Walker's and Biker's Paradise, positively everything is within reach. The property itself presents as a standalone single-story boutique building with soarin

Beds:
n/a
Baths:
Sq.Ft.:
6,587
Status:
Active
MLS#:
CL24346019
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Tamra (Tami) Pardee - Pardee Properties Tamra (Tami) Pardee listingagents@pardeeproperties.com
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Welcome to Main & Market, situated in the heart and soul of Venice! This 7-unit mixed-use income property offers immense flexibility with office, commercial, and residential use. Take advantage of future development and tons of upside potential on an expansive lot! Perfect for your 1031 exchange Buyer, your real estate portfolio, or passive income - park your cash for a 5.7% CAP! This one-of-a-kind building offers a unique combination of residential and commercial spaces. Each unit has been thoughtfully designed to cater to various needs, from music production studios and film production spaces to designer creative studios and charming residential apartments. With beautiful built-ins and renovations done over time, this building comes with long-standing and well-established tenancy - you can step in and start reaping the benefits of rental income right away. One of the upstairs units features a spacious outdoor terrace with a built-in kitchen and BBQ area. This expansive outdoor space adds an extra touch of luxury and versatility to the property. The property also boasts ample parking, providing 13 parking spaces! Situated just seconds away from the beach, Windward Circle, and in the midst of the vibrant creative hub of Venice, this location is everything! Whether it's the allure

Beds:
n/a
Baths:
Sq.Ft.:
5,857
Status:
Active
MLS#:
CL24389117
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1956
A broker reciprocity listing Courtesy: Jack Davis - RE/MAX ESTATE PROPERTIES Jack Davis JSDLA@aol.com
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Great "bread and butter" apartment on Venice Blvd just east of Lincoln. HUGE upside potential. Soft story remediation has already been done with Certificate of Completion available. Excellent unit mix. Some units have been updated. Buyer to cooperate in Sellers 1031 exchange at no cost to buyer.

Beds:
n/a
Baths:
Sq.Ft.:
2,255
Status:
Active
MLS#:
CL24395739
Type:
Business Opportunities
Lot size:
0.07 Acres
Year built:
1953
A broker reciprocity listing Courtesy: David Putnam - Berkshire Hathaway HomeServices California Properties David Putnam Davidputnam5@gmail.com
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May be delivered vacant. Current gross income $14,000/ month. Commercially zoned. Prime Abbot Kinney / Venice Beach location! Great secure compound for a Silicon Beach startup! Or a fully gated Home and studio guest house in a manicured garden setting. Dramatic 2 story loft-style live/work space in the heart of Venice. Surrounded by trending restaurants and shops on Abbot Kinney, Rose Ave and Venice Beach. Warm woods, polished concrete floors, high exposed-rafter ceiling embrace the Modern Venice aesthetic. Spacious gourmet kitchen. Dramatic, open stairwell leads upstairs to 3 bedrooms/office spaces & 2 additional baths. Massive accordion doors merge indoors with tastefully landscaped outdoors and patios, within the gated grounds. Walk score of 94 "walker's paradise". Interior space of the Primary structure is approx. 1,755 sq ft. Interior space of guest structure is approx. 500 sq ft. (both subject to confirmation). Includes 3 parking spaces in the gated garage area. Studio/ guest unit is completely separate & w/ a separate entrance from the primary structure and rented separately in the past for $3,100.

Beds:
n/a
Baths:
Sq.Ft.:
4,826
Status:
Active
MLS#:
CL24357403
Type:
Business Opportunities
Lot size:
0.28 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Kenny Stevens - Compass Kenny Stevens kenny@kennystevensteam.com
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The Villas of Venice are an eclectic collection of 6 masterfully Craftsman bungalows built in 1906 & 1922 and completely restored to their original charm. Set on an idyllic resort-like lot, creating a private hideaway yet located steps from Venice Beach and Abbot Kinney Blvd. Each bungalow was masterfully restored to showcase classic Craftsman bungalow architecture while adding a fun eclectic design twist. Classic Hollywood Golden era accents including deep green colored cabinets, brass hardware, and a Hollywood Regency style chandelier add a true retro glamour factor to one of the restored kitchens. The extensive use of subway tiles in kitchens and baths creates a retro vibe for today. Breakfast nooks and window seats make these the perfect casual beach bungalows. Each bright and spacious unit features hardwood floors, exposed beams, and ornate detailing in the kitchen and bathroom. Unit interiors include stainless steel appliances, central A/C, and heat, and in-unit washer and dryer. Shared outdoor living space creates community here. The Villas of Venice is part of the Golden Era Collection, four impeccably restored multifamily complexes in prime Los Angeles locations.

Beds:
n/a
Baths:
Sq.Ft.:
7,280
Status:
Active
MLS#:
CRSB24011415
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1912
A broker reciprocity listing Courtesy: Cameron Samimi - Lyon Stahl Investment Real Estate, Inc. Cameron Samimi cameron@lyonstahl.com
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19 Wavecrest Ave Apartments is a 10-unit apartment community located 130+ feet from the Venice Boardwalk and beach. Residents enjoy the benefits of living in the heart of venice as he property is in close proximity to Abbot Kinney, Santa Monica Pier, and much more. 19 Wavecrest Ave offers (7) one-bedroom apartments each measuring approximately 650 square feet, (2) two bedroom/one bath apartments each measuring approximately 815 square feet, and (1) two bedroom-two bath Penthouse unit measuring approximately 1,100 square feet. The penthouse unit features a jacuzzi, rooftop deck, and has views of the Pacific Ocean and entire city of Los Angeles. Potential to have (5) units delivered vacant at the close of escrow, with the penthouse unit having potential to be leased back at market rate. Units feature ocean views, Spanish tiling, and private patios. There is laundry on site.

Beds:
n/a
Baths:
Sq.Ft.:
5,636
Status:
Active
MLS#:
CRRS24103133
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1947
A broker reciprocity listing Courtesy: Maggie Monge - Maggie Monge Broker Maggie Monge mmags024@gmail.com
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Welcome to this Historic 6 unit building known as the Morris Abrams Chateau Des Roses. These units have a 2- 2 bedrooms and 1 bath and 4- 1 bedroom and 1 bath, Located in the heart of Venice Beach, surrounded by Restaurants, Shops and entertainment and just 7 blocks to the Beach. Might be possible this property has a permanent Certificate of Exemption from the Rent Stabilization Ordinance.

Beds:
n/a
Baths:
Sq.Ft.:
4,262
Status:
Active
MLS#:
CRSB24096485
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1913
A broker reciprocity listing Courtesy: Cameron Samimi - Lyon Stahl Investment Real Estate, Inc. Cameron Samimi cameron@lyonstahl.com
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Each 4-plex can be financed separately ! Side-by-side 4-plexes right on the beach! 12-12.5 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an A+ neighborhood. 7/8 units have been extensively renovated. Each unit offers comfortable living spaces and modern amenities, ensuring a desirable rental experience for tenants. Most units are renovated and some units have ocean views! Currently, a majority of units are rented at near-market rents and the property collects a gross income of $246,804 annually. Whether you're looking to expand your investment portfolio or seeking a lucrative income-generating property, this offering stands as a testament to the allure of coastal California living combined with the promise of substantial financial returns. 12-12. 25th Pl is located in the heart of Silicon Beach, an area that has attracted a wide range of technology companies including Facebook, Google, and Snapchat. Residents enjoy the benefits of living in the heart of Venice as the property is close to Abbot Kinney, Santa Monica Pier, and much more.

Beds:
n/a
Baths:
Sq.Ft.:
7,068
Status:
Active
MLS#:
CL24385753
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
2010
A broker reciprocity listing Courtesy: Eric Sackler - Coldwell Banker Realty Eric Sackler ericsackler@gmail.com
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Versatile owner/user or investment opportunity (Short-term or long-term tenants) located just two blocks from the beach on the charming Venice Canals. This quality 5-unit building was almost 100% newly constructed in 2010 with new foundation, new plumbing, electrical, roof, HVAC and all walls, finishes, appliances and landscaping. The current ownership who built it for themselves, went all-out with high-end finishes, fireplaces, luxury kitchens and powder room in each unit. If you're looking for a quality income-producing property in a great location, look no further!!

Beds:
n/a
Baths:
Sq.Ft.:
2,190
Status:
Active
MLS#:
CL24375519
Type:
Business Opportunities
Lot size:
0.05 Acres
Year built:
2012
A broker reciprocity listing Courtesy: Lee Tonks - Tonks Agency Inc, Lee Tonks lee@tonksagency.com
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100% VACANT - mixed use, Bar-Restaurant on the ground floor with a 2 bed 1 bath residential upstairs. Previously the home of LA Draughts and Santino's restaurant. In 2009 the building was virtually demolished due to a fire and it was rebuilt from the ground up to the 2009 building codes, including earthquake retrofitting, 750 Grease trap installed, Fire Sprinkler system, Infiltration pits, Air Conditioning, ADA approved (as of final inspection date). open flame cooking with hood. This property is ready to go for either fine dining or fast food. Seller and previous tenant states that the entire rear patio, including the 3 parking spaces is permitted for a patio. Permitted for 2 outdoor tables at front of property. All tenants previous tenants have had a beer and wine license. The property is grandfathered for the exemption for off license alcohol sales. Roofing was recently coated. This is a very rare opportunity to own a bar restaurant / residential delivered vacant in Santa Monica, across the street from Whole foods on Lincoln Blvd in the heart of Santa Monica. As of April 13th 2024 the city of Santa Monica issued an "Alcohol Determination zoning conformance review" for a State ABC type 47 Alcohol license

Beds:
n/a
Baths:
Sq.Ft.:
5,235
Status:
Active
MLS#:
CL24394135
Type:
Business Opportunities
Lot size:
0.07 Acres
Year built:
1970
A broker reciprocity listing Courtesy: Kacey Barnett - Sail Realty Kacey Barnett kacey@sailrealty.net
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Phenomenal opportunity to own a legal 5-unit property on the Marina Peninsula! 1 block south of the famous Venice Pier and Washington Square. Minutes from the Venice Boardwalk, Abbot Kinney, and Venice Canals. Built in 1970, the property is under LARSO/LA City Rent Control. This building is comprised of 4 market rate units and 1 moderate income unit. 4 of the 5 units are currently rented. The building has a 2 bed + 1 bath Moderate Income Unit (UDU) on the ground floor, the middle floor has a 1 bed + 1 bath & 2 bed + 2 bath, and the top floor has a 1 bed, loft + 2 bath & 2 bed, loft + 2 bath. The top floor units have stunning ocean views with spacious private roof decks. Units 1 & 2 have A/C & heat. Unit 3, 4 & 5 have heat. 8 car carport parking. Seismic retrofit has been completed in the carport. Large private patio along walk street. Great investment property or owner user opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
2,943
Status:
NEW LISTING
MLS#:
CROC24116097
Type:
Business Opportunities
Lot size:
0.09 Acres
Year built:
1921
A broker reciprocity listing Courtesy: Keren Zuniga - Maxximum Realty Inc Keren Zuniga keren.zuniga@gmail.com
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Welcome to 38 Dudley Ave, an exquisite residence situated in the heart of Venice Beach, CA. This property effortlessly combines classic charm with modern amenities, making it an ideal choice for those seeking both comfort and sophistication in one of Los Angeles' most vibrant neighborhoods. Nestled just steps away from the iconic Venice Beach, this home offers unparalleled access to the sun, sand, and surf. Enjoy the vibrant beach lifestyle with the famous Venice Boardwalk, Muscle Beach, and a variety of eclectic shops, cafes, and restaurants all within walking distance. This residence exudes character with its charming architecture and thoughtful design. The exterior showcases a perfect blend of classic and contemporary elements, creating a visually stunning faade that captures the essence of Venice Beach living. In addition to the main residence, 38 Dudley Ave offers an exceptional opportunity with its income property potential. The back of the property includes a separate four-unit building, providing an excellent source of rental income. Each unit is thoughtfully designed to offer comfortable living spaces, ensuring high tenant satisfaction. Living at 38 Dudley Ave means embracing the unique and dynamic lifestyle that Venice Beach is famous for. From artistic expression to

Beds:
n/a
Baths:
Sq.Ft.:
1,135
Status:
Active
MLS#:
CL24346631
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1984
A broker reciprocity listing Courtesy: Mark Cianciulli - The CREM Group Mark Cianciulli mark@cremgroupre.com
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Don't miss this rare opportunity to own prime office space, only one block from the beach on the Marina del Rey Peninsula. Property has been subdivided into two units, each with their own bathroom, complete with showers, and separate entrances onto the spacious covered patio area. This commercial property can be used as your own work space in this ideal beach setting.

Beds:
n/a
Baths:
Sq.Ft.:
6,300
Status:
Active
MLS#:
CRAR24107083
Type:
Business Opportunities
Lot size:
0.07 Acres
Year built:
1910
A broker reciprocity listing Courtesy: Han Chen - Growth Investment Group Pasade Han Chen han.chen@growthinvestmentgroup.com
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7.61% Proforma CAP Rate with 2 vacant units in the iconic Venice Beach! We are thrilled to present an exceptional investment opportunity at the tip of the world renown Venice Beach Boardwalk, in the City of Venice (under Los Angeles RSO). 44 Navy St is a prime 15-unit value-add apartment only steps away from the sand and world-famous Venice Beach! Offering a tremendous locations, yet with a quiet residential atmosphere. This is the first time this property offered for sale since 1977. This rare investment offering probably one of the best valued multifamily investment offering in Venice Beach at only $303k/unit and 7.61% Proforma CAP Rate (buyer to verify). The location offers unparalleled and world class area amenities: Venice Beach (Skatepark, Muscle Beach, Fishing-Pier, etc.), Venice Boardwalk, South Beach Park, restaurants (Venice Ale, The Waterfront Venice, etc.), and retail stores. It has a perfect Bike Score of 100, and Walk Score of 90. Surrounded by high-end properties, the area boasts a fantastic demographic of $163,669 average household income within a mile radius! The property is a 3 story apartment that was built in 1910 (not historical buyer to verify). It has a large building size of 6,300 SF and situated on a 2,896 SF R3 zoned lot. It has 15 units (NO On

Beds:
n/a
Baths:
Sq.Ft.:
5,885
Status:
NEW LISTING
MLS#:
CL24403535
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Brian Bush - Bush Properties, Inc. Brian Bush bbush@bush-properties.com
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5 of the 8 units have been extensively renovated and are at market rents with improvements that include: All new kitchens with new shaker style cabinets, quartz counters, stainless sink, stainless steel appliances, tile backsplash. Baths include new tubs, toilets, subway title, shaker style vanity with quartz counter. These upgraded units have clean ceilings with new drywall, recessed, dimmable lighting in all rooms. Also they all have durable wood-look ceramic tile flooring throughout, new shakers style interior and closet doors, new base molding and door trim, new wall heaters. These units also received new electrical panels, switches, plugs and plumbing upgrades. New 400amp main electrical panel installed in 2021. All units have new sub panels and renovated units have all new electrical wiring throughout. The exterior of the building was recently painted, wood siding replaced and exterior lights were upgraded. The roof is in good shape. This property has received major improvements, is in great condition, 100% occupied and easy to operate. Great location with good tenants.

Beds:
n/a
Baths:
Sq.Ft.:
7,424
Status:
Active
MLS#:
CL24358587
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Sean Rosenzweig - Marcus & Millichap Sean Rosenzweig sean.rosenzweig@marcusmillichap.com
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We are pleased to offer for sale a nine-unit apartment community located at 301 Ashland Avenue. The subject property is located just three blocks from the beach, in an excellent Santa Monica location. Situated on a 7,727 square foot parcel, the property is comprised of five one-bedroom units and four two-bedroom units with spacious layouts and offers 16 parking spaces. The property has undergone a comprehensive renovation program to the exterior, common area and majority of the interior units. 78% of the units feature stainless steel kitchen appliances, in-unit washer/dryer, central heat/AC, new flooring, new countertops, new bathrooms, new lighting & more. Exterior renovations include new windows in all units, new landscaping, new smooth stucco, new electric meters/panel, new front doors & more. The continued growth of the surrounding submarket along with the high-quality interior & exterior renovations makes 301 Ashland Avenue an excellent investment opportunity poised for long term stability.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
CL24372087
Type:
Business Opportunities
A broker reciprocity listing Courtesy: Laurie Lustig - Laurie J. Lustig Laurie Lustig laurie.lustig-bower@cbre.com
View additional info

INCLUDES TO-BE-BUILT 3 PERMIT READY ADUs! CBRE, as exclusive agent, is pleased to present for sale an exceptionally located Santa Monica value-add opportunity comprised of 12 existing apartment units, together with approved and permit-ready plans to build three accessory dwellings units (ADUs), for a potential total of 15apartment units, walking distance to the Pacific Ocean. Located at the northeast corner of 2nd Street and Ashland Avenue in Santa Monica's Main Street neighborhood, 2823 2nd Street includes an existing 12-unit apartment property, of which four units were recently gut renovated and completely modernized with copper plumbing, tankless water heaters, mini-split HVACs

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
CL24371870
Type:
Business Opportunities
Lot size:
0.3 Acres
A broker reciprocity listing Courtesy: Laurie Lustig - Laurie J. Lustig Laurie Lustig laurie.lustig-bower@cbre.com
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INCLUDES TO-BE-BUILT 3 PERMIT READY ADUs! CBRE, as exclusive agent, is pleased to present for sale an exceptionally located Santa Monica value-add opportunity comprised of 12 existing apartment units, together with approved and permit-ready plans to build three accessory dwellings units (ADUs), for a potential total of 15 apartment units, walking distance to the Pacific Ocean. Located at the northeast corner of 2nd Street and Ashland Avenue in Santa Monica's Main Street neighborhood, 2823 2nd Street includes an existing 12-unit apartment property, of which four units were recently gut renovated and completely modernized with copper plumbing, tankless water heaters, mini-split HVACs in the living rooms and bedrooms, and in-unit washer/dryers, among other upgrades. The Seller also made capital improvements to the property including a new electrical panel with individual meters, new landscaping, and new wrought iron fencing. Of the remaining eight unrenovated units, two will be delivered vacant at the close of escrow. As well, Seller obtained Architectural Review Board and Building Department approval to add a 450 square foot patio space for Unit G (a vacant second-story unit). The Seller also secured pre-approval to build another 450 square foot patio space for Unit H (the other se

Beds:
n/a
Baths:
Sq.Ft.:
41,944
Status:
Active
MLS#:
CRSB24112650
Type:
Business Opportunities
Lot size:
0.77 Acres
Year built:
1989
A broker reciprocity listing Courtesy: Nancy Bush - Lyon Stahl Investment Real Estate, Inc. Nancy Bush Nancy@lyonstahl.com
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Beethoven Garden Apartments is an exceptional multifamily property that offers an investor immediate value-add upside with substantial future growth. This well-maintained, 3-story, 42-unit property was built in 1989 and is NOT subject to LA City rent control. It is only subject to statewide rent control (AB 1482), which allows an investor the ability to increase rents annually by 5%+CPI for a maximum of 10%. The current CAP Rate is 3.61%, with the capacity to immediately increase a majority of the rent rates by 8.8% for a CAP Rate of 3.95%. There is a further upside should an investor make additional improvements. Beethoven Garden Apartments features an fantastic unit mix. All of the 42 units are sizable two-bedroom, two-bathroom style averaging +/-1,000 square feet. The unit layouts provide for maximum privacy, with a central living room and kitchen separating the bedrooms and bathrooms. The in-unit amenities include gas burning fireplaces, dishwashers, ceiling fans, mirrored closets, central HVAC systems, and private balconies. The community amenities include a central courtyard equipped with a Cabana and BBQ area, an elevator, two laundry facilities, video monitoring, gated entry with intercom and controlled access subterranean garage with 84 parking spaces. Beethoven Garden A

Beds:
n/a
Baths:
Sq.Ft.:
5,296
Status:
Active
MLS#:
CL24358301
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1947
A broker reciprocity listing Courtesy: David Messiah - Lyon Stahl Investment Real Estate, Inc. David Messiah david.messiah@lyonstahl.com
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1047 Ocean Park Blvd is a 5,296-square-foot, seven-unit apartment building located in the Ocean Park Submarket in the City of Santa Monica. Situated on a 6,617-sf corner lot, the property contains a highly desirable unit mix of (five) 2-bedroom/1-bathroom units and (two) studio units, while (one) 2-bedroom/1-bathroom unit is a spacious townhome. The property was retrofitted within the last two years; foundational work was completed in 2023, and a new concrete driveway was installed in November 2022. Furthermore, there are a total of ten parking spaces with four additional tandem spots. 1047 Ocean Park Blvd provides an investor with the opportunity to own a trophy asset in a desirable pocket of Santa Monica! The asset has a value-add component with approximately 42% in rental upside and a 6.57% pro-forma cap rate and 10.97 pro-forma GRM!

Beds:
n/a
Baths:
Sq.Ft.:
5,262
Status:
Active
MLS#:
CL24365407
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Melissa Zee - Keller Williams Beverly Hills Melissa Zee Melissa@MelissaZeeGroup.com
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Discover an exceptional investment opportunity at 649 Ocean Park Boulevard, where a remarkable 7-unit apartment complex is waiting for you in the prime Ocean Park area of Santa Monica. This extraordinary property offers a mix of one and two-bedroom apartments, some of which feature breathtaking ocean views. Perched on a hilltop, this property offers an unparalleled living experience. Its ideal location places it just half a mile away from the beach, surrounded by a wide range of dining establishments, shops, and cafes along Ocean Park Boulevard. The rental rates reflect the exceptional value of Santa Monica, but this is your chance to seize a perfect investment opportunity. Don't miss the chance to make a smart move in the real estate markets. Schedule a showing today and secure your stake in this prime piece of real estate.

Beds:
n/a
Baths:
Sq.Ft.:
4,858
Status:
Active
MLS#:
CL24389693
Type:
Business Opportunities
Lot size:
0.07 Acres
Year built:
1973
A broker reciprocity listing Courtesy: James Allan - Compass James Allan james.allan@compass.com
View additional info

Great opportunity to own a rare Silicon Beach 5 unit Building on the Marina Peninsula with many possibilities. Located on a beautiful walk street, steps to the beach, close to all the popular restaurants and shops in Venice and Marina Del Rey. All New York style lofts and recently remodeled units, complete with some sq ft expansion, common area remodel, Earthquake/ soft story retrofit and new garage doors. Cap rate 4.5 and Gross income of $298,920 annually with great upside potential. 2 Multi level units some with 2 story living rooms with multipurpose loft area. Great mix of units, most with their own private garages. 2 units have large spectacular Ocean view rooftop patios. Many possibilities from short term rentals, or owner user one or a few of the units. Possibilities are endless. Multi-level units have large, bright 2 story living rooms with open kitchen w/ stainless steel appliances with granite counter tops and more. Units 2 and 3 have been completely remodeled. Landscaped garden area located on a beautiful walk street. 4 Units are Luxury exempt. Earthquake retrofit has been completed. Potential to increase rents to $348,000 with a 5.5 CAP. Two units can be delivered vacant at the close of escrow.

Beds:
n/a
Baths:
Sq.Ft.:
4,607
Status:
Active
MLS#:
CL24397333
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1979
A broker reciprocity listing Courtesy: Kimiyasu Murayoshi - Andrew C. Lee Kimiyasu Murayoshi kimi@hjkinternational.com
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Introducing 1807 Oak St. Well-located in the hot rental market of Santa Monica, this property is just a few minutes from Clover Park. This 5-unit building consists of (1) 3-bedroom 2-bath unit front, (1) 1-bedroom 1.5 bath unit, and (3) 1-bedroom 1-bath units. The property is currently operating at 3.65% Cap Rate and 17.34 GRM. The property has a total of 8 parking spaces, including a 2-car and a 1-car garages.

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