Venice Multifamily Investment
250 3rd Ave, Venice, CA 90291
MULTI_FAMILY - Venice, CA
Property size:
3,288 SFLot size:
0.15 AcresPrice / SF:
$1,182/SF- Added:
- Apr 22, 2026
- Days on Market:
- 20
- Last Refresh:
- May 11 at 10:06 pm
Property Features for 250 3rd Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LARD1.5
- Bedrooms
- 4
- Bathrooms
- 8
- Rooms
- Bedroom 2, Bedroom 3, Bathroom 8, Bathroom 3, Bathroom 7, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 5, Bathroom 6, Bathroom 1, Bathroom 4
- Parking features
- Covered
- Standard status
- Active
- APN
- 4286-001-012
- Size
- 3,288 SF
- Lot size
- 0.15 Acres
Utilities
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1956
- Floors in Building
- 2
- Number of units
- 8
Listing agent John Swartz License #01873487 (310) 779-9929
Listing office Compass 9454 Wilshire Blvd. Suite 400, Los Angeles, CA (310) 230-5478
Listing date Apr 22, 2026
MLS# 26771865
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Venice location in a highly desirable and supply‑constrained coastal submarket.
- Architecturally redesigned by Teague Designs, embodying modern Venice living.
- Units substantially upgraded with contemporary cabinetry, modern appliances, and finishes.
- Premium unit features: private patios, soaring open ceilings with exposed wood beams, and private balconies.
- Six on‑site parking spaces, a significant advantage in Venice.
- Potential for ADU development, offering added income and asset densification.
Overview
Located in the heart of Venice, California, at 250 3rd Avenue, this eight-unit multifamily property presents a unique investment opportunity in a supply-constrained coastal submarket of Los Angeles. The building, thoughtfully redesigned by Teague Designs, features a refined aesthetic that defines modern Venice living. The property includes four one-bedroom/one-bathroom units and four studio units, each upgraded with contemporary cabinetry, modern appliances, and finishes. Two of the one-bedroom units feature large private patios, while two top-floor one-bedroom units showcase open ceilings with exposed wood beams. Additionally, two studio units offer private balconies, enhancing the indoor-outdoor flow. A landscaped communal garden courtyard is located at the building's entrance. Six on-site parking spaces are available. Recent capital improvements include replacement of most electrical systems, upgrades to the majority of lateral plumbing, and complete reconstruction of the building's balconies with new handrails approximately six years ago. On-site laundry serves residents. Utilities are landlord-paid, with five electric meters and five gas meters on-site. The existing parking configuration presents a viable ADU development opportunity, subject to applicable zoning approvals. The property is zoned LARD1.5 and sits on a lot of 0.1452 acres. The building has a property size of 3288 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Los Angeles
- State
- California
- Longitude
- -118.476203
- Latitude
- 33.99755
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eight-unit multifamily property in coveted Venice, California.
Where is this apartment building located?
The property is located at 250 3rd Ave Venice, CA.
What is the asking price?
The asking price for this property is $3,888,000.
What are key features of this property?
This property features: Prime Venice location in a highly desirable and supply‑constrained coastal submarket.; Architecturally redesigned by Teague Designs, embodying modern Venice living.; Units substantially upgraded with contemporary cabinetry, modern appliances, and finishes.
