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18, 20-22 Breeze Avenue 20 Breeze Ave 6 Unit Apartment Building $5,333,963 CAD ($888,994 CAD/Unit) Venice, CA 90291
Investment Highlights
- Price includes both properties APN #4226-003-009 and 4226-003-007
Executive Summary
Price includes both properties APN #4226-003-009 and 4226-003-007. just 42 steps from the sand and the famous Venice Beach Boardwalk, this beautifully renovated apartment building is located in a desirable Venice Beach neighborhood adjacent to Marina del Rey and Santa Monica. Opportunity to acquire an income property with strong future upside, ideally located on a walk street. First time on the market since the 1970s some units have been renovated (floors, windows, kitchens...) Property must be sold in conjunction with the adjacent property located at 18 Breeze Ave (APN 4226-003-007) only; no separate sale. Subject property to be delivered with one existing tenant. Adjacent four-unit property to be delivered with one existing tenant as well. Buyer to verify all information including square footage, unit count, zoning, development potential, permits, rent roll, and tenancy. Listing broker and seller make no representations or warranties regarding accuracy of information provided. great redevelopment opportunity on this double lot ( please see the renderings )
Property Facts
| Price | $5,333,963 CAD | Property Subtype | Apartment |
| Price Per Unit | $888,994 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 1 | Building Size | 1,166 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1909 |
| Zoning | LARD1.5 - Restricted Density Multiple | ||
| Price | $5,333,963 CAD |
| Price Per Unit | $888,994 CAD |
| Sale Type | Investment |
| Gross Rent Multiplier | 1 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 1,166 SF |
| No. Stories | 1 |
| Year Built | 1909 |
| Zoning | LARD1.5 - Restricted Density Multiple |
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Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 4226-003-009 | Improvements Assessment | $106,987 CAD |
| Land Assessment | $208,075 CAD | Total Assessment | $315,062 CAD |
Property Taxes
Parcel Number
4226-003-009
Land Assessment
$208,075 CAD
Improvements Assessment
$106,987 CAD
Total Assessment
$315,062 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Steve Manavi
18, 20-22 Breeze Avenue | 20 Breeze Ave
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