Log In/Sign Up
Your email has been sent.
11 20th Ave
Venice, CA 90291
Multifamily Property For Sale
·
3 Units
EXECUTIVE SUMMARY
Presenting a trophy three-unit multifamily offering located on a highly coveted Venice walk street, just half a block from the sand. Fully leased and ideally positioned, this property provides immediate income with significant development and repositioning potential in one of Los Angeles' most dynamic coastal markets. The unit mix includes a spacious three-bedroom, two-bath unit, a one-bedroom, one-bath unit, and a three-bedroom, three-bath unit. This diversified layout appeals to a wide range of tenants, supporting consistent rental demand in a submarket defined by its limited supply and enduring desirability. The property's location is unmatched, steps from the Venice Beach Paddle Tennis Courts, Muscle Beach, and surrounded by some of the area's most popular dining destinations, including Ospi, Kassi Rooftop, Si! Mon, Great White, Ggiata, and Bells Beach House. Residents enjoy easy walkability to the Venice Boardwalk, Abbot Kinney, Rose Avenue, and major employment hubs across Silicon Beach.This is a compelling opportunity to acquire a walk street triplex with both immediate yield and long-term growth prospects. Showings are available only with an accepted LOI or offer. Please do not disturb tenants.
PROPERTY FACTS
| Price Per Unit | $1,285,489 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.11% | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 14 | Building Size | 3,216 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 0.93/1,000 SF |
| Zoning | LAR3 - multiple dwelling zone | ||
| Price Per Unit | $1,285,489 CAD |
| Sale Type | Investment |
| Cap Rate | 5.11% |
| Gross Rent Multiplier | 14 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,216 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 0.93/1,000 SF |
| Zoning | LAR3 - multiple dwelling zone |
AMENITIES
UNIT AMENITIES
- Kitchen
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3 | 1 | $9,682 CAD | - |
| 1+1 | 1 | $4,545 CAD | - |
| 3+2 | 1 | $8,565 CAD | - |
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
