Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

8

Building size

5,858 sqft

Lot size

7,296 sqft

Year built

1913

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

145

MLS #

241653186

About this property

Nestled in the vibrant Mid–Los Angeles neighborhood, this charming 8-unit property at 2113 Venice Boulevard offers a compelling investment opportunity. Comprised of two separate structures with four units each, the property features a desirable unit mix of seven one-bedroom, one-bath units and one spacious two-bedroom, two-bath unit, catering to a broader tenant base. The total living area spans approximately 5,858 square feet on a generous 7,294-square-foot lot. The property generates approximately $144,588 in annual rental income and includes four assigned parking spaces for added convenience. Ideally situated, this location blends the accessibility of Mid-City with close proximity to the vibrant cultural and culinary hub of nearby Koreatown. Residents benefit from easy access to dining, entertainment, and major transit corridors, while investors will appreciate the consistent rental demand driven by this central location. With no soft-story retrofit required, the asset is well-positioned for ease of ownership and long-term stability. This is a prime opportunity to acquire a well-located multifamily property in one of Los Angeles’ most dynamic and evolving neighborhoods.

Location

2113 Venice

Los Angeles, Los Angeles, CA, 90006