Venice, CA 90291,1917 Canal St
Venice, CA 90291,1917 Canal St
Venice, CA 90291,1917 Canal St
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$4,600,000
Est. payment /mo
14 Beds
20 Baths
12,822 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,822 sqft

Price per Sqft $358

MLS Listing ID 25609189

Bedrooms 14

Year Built 1972

Lot Size 0.275 Acres

Acres 0.1372

Property Sub-Type Multi-Family

Property Description

PLEASE DO NOT DISTURB TENANTS. Excellent opportunity to purchase two (2) side-by-side 9-unit buildings (1917 and 1921 Canal St) a few blocks from the famous Venice Canals and Ocean Front Walk (Identical unit mixes, building square footages, and lot sizes). All the Bachelor units (both buildings) have kitchenettes. One unit will be delivered vacant. Some units have been updated. Some rents well under market value with big upside when units become vacant (Projected at more than 90%). Total of 16 parking spots allocated to tenants. 1917 Canal St has one two car garage. See Income and unit breakdowns. Inside with accepted offer. Soft Story Retrofit Completed. Balcony inspections and work completed. Laundry income $2544/yr. CAP Rate includes property taxes based on the listing price. Virtual Tour button has drone video of the property and the area.

Location

State CA

County Los Angeles

Area Venice

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Radiant

Cooling None

Equipment Built-Ins, Refrigerator, Garbage Disposal, Dishwasher

Laundry Community, Room

Exterior

Parking Features Assigned, Driveway, Carport, Driveway - Combination

Garage Spaces 16.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

Virtual Tour https://www.dropbox.com/scl/fi/nmt3nnnq86h5bdht0ejl7/1917-1921-Canal-Street-Venice-Drone-R1.mp4?rlkey=hfl2br3xdybr3yf2cggx9qqb4&e=1&dl=0


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TheMLS (CLAW)
Listed by Dogtown Realty

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Ron Taibi

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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