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Venice Apartments 1146 Venice Blvd 4 Unit Apartment Building $2,156,285 CAD ($539,071 CAD/Unit) 4.85% Cap Rate Venice, CA 90291
Investment Highlights
- Updated and Well Maintained building
- Excellent Westside Location
- Great Floor-plans and Storage
Executive Summary
** Contact for more information and videos of units** **Fantastic opportunity to acquire this remodeled and very well maintained four-unit building, located in an excellent Venice location. Totaling 3,116 SF on a 4,489 SF lot, this updated two story building, consists of 4 units, each 1 bed /1 bath. All units have been recently renovated with new floors, new appliances, remodeled bathrooms and kitchens. Additional upgrades to the building include new copper plumbing, updated electrical throughout and newer windows. Further features include 4 garage spaces, storage, as well as great patio areas. This is a wonderful investment property, in a great neighborhood.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$147,895
|
$47.46
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$147,895
|
$47.46
|
| Taxes |
$26,953
|
$8.65
|
| Operating Expenses |
$16,463
|
$5.28
|
| Total Expenses |
$43,416
|
$13.93
|
| Net Operating Income |
$104,479
|
$33.53
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $147,895 |
| Annual Per SF | $47.46 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $147,895 |
| Annual Per SF | $47.46 |
| Taxes (CAD) | |
|---|---|
| Annual | $26,953 |
| Annual Per SF | $8.65 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $16,463 |
| Annual Per SF | $5.28 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $43,416 |
| Annual Per SF | $13.93 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $104,479 |
| Annual Per SF | $33.53 |
Property Facts
| Price | $2,156,285 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $539,071 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 4.85% | Building Size | 3,116 SF |
| Gross Rent Multiplier | 14.58 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1952/2015 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Zoning | R4, Los Angeles - Apartment Block - 4 plex | ||
| Price | $2,156,285 CAD |
| Price Per Unit | $539,071 CAD |
| Sale Type | Investment |
| Cap Rate | 4.85% |
| Gross Rent Multiplier | 14.58 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 3,116 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1952/2015 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R4, Los Angeles - Apartment Block - 4 plex |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Refrigerator
- Tub/Shower
- Yard
- Dining Room
- Garden
- Large Bedrooms
Site Amenities
- Fenced Lot
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $3,102 CAD | 779 |
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (87)
Property Taxes
| Parcel Number | 4236-001-014 | Total Assessment | $2,128,697 CAD (2025) |
| Land Assessment | $1,544,757 CAD (2025) | Annual Taxes | $26,953 CAD ($8.65 CAD/SF) |
| Improvements Assessment | $583,940 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
4236-001-014
Land Assessment
$1,544,757 CAD (2025)
Improvements Assessment
$583,940 CAD (2025)
Total Assessment
$2,128,697 CAD (2025)
Annual Taxes
$26,953 CAD ($8.65 CAD/SF)
Tax Year
2026
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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Venice Apartments | 1146 Venice Blvd
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