Millman Team Real Estate

$1,850,000
0.19 Acre Lot

1475 Venice Blvd, Los Angeles, California 90006

  • Residential Income Property Type
  • One Space Cars Garage
  • 1954 Year Built
Property Description

The Venice Apartments is a 10-unit multifamily building constructed in 1954, offering well-proportioned one-bedroom, one-bathroom apartments that appeal to a broad tenant base. The property is situated on an approximately 8,426sqft parcel and provides stable in-place income with additional potential for future growth.

Each unit is individually metered for gas and electricity, allowing for efficient utility management. The property has also recently undergone electrical system upgrades, including improvements to the main electrical panel and sub-panels, enhancing the building’s infrastructure and long-term reliability.

With its functional unit layouts, improved building systems, and strong surrounding rental demand, the property offers investors the opportunity to further enhance value through thoughtful unit improvements and operational optimization. *Please email listing agent for full offering memorandum*

Basic Details
Residential Income
For Sale
PW26098354
$1,850,000
1954
0.19 Acre
Active
1
Apartment
Features
: None
: One Space
: See Remarks
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90006
Venice Blvd
1475
W119° 42' 50.2''
N34° 2' 39.9''
Located on Venice & Magnolia
C16 - Mid Los Angeles
Additional Information
$0
$0
$0
$0
$0
6766
: Sidewalks
1
: Two
: 6-10 Units/Acre
10
2026-05-06
2
2
: Public
Broker/Agent Information
Dream ERE
Hyeyeon Lee
Listing Information
PWHYEYLE
PB17113
Cash,Cash to New Loan,Conventional,1031 Exchange
Active
2026-05-06T13:28:18Z
CRMLS
: Standard
2026-05-06T06:15:54Z
Agent info
Ray Millman
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