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7-Unit Apartment Building
New
For Sale
$1,650,000

1304 Pacific Ave, Los Angeles, CA 90291

Two-story coastal property with mixed unit layouts, on-site laundry, and access to Venice Beach amenities.

Property Size3,802 SF
Days on Market5

Property Features for 1304 Pacific Ave

General Information

Standard status Active
Size 3,802 SF
Property subtype MULTI_FAMILY

Building Details

Building Size 3,802 SF
Year Built 1910
Listing Agency: NorthMarq Realty Services, Inc.
Listed By: Elliot Hassan · License #01481211
Source: Milsteinestates
Added: Sep 17 Changed: Sep 20 Last Checked: Sep 21 at 7:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NorthMarq Realty Services, Inc.

Investment Insights

Based on property information with market context.

This two-story apartment building contains 3,802 gross square feet on an approximately 8,400-square-foot parcel. The seven-unit configuration includes one studio, four one-bedroom apartments, and two two-bedroom, one-bathroom units. The structure has a concrete foundation, wood framing, stucco exterior, and a flat roof, with individual wall-unit HVAC and copper plumbing throughout, subject to buyer verification. One washer and one dryer serve the property, and there is no dedicated parking.

The building is positioned approximately one block from the sand in Venice, with walkable access to the Venice Beach boardwalk, Abbot Kinney Boulevard, Rose Avenue, and surrounding retail, dining, and entertainment. Occupancy is approximately 86%, and the current rent roll reflects an estimated 17% to 20% loss-to-lease. One studio is vacant, while the property remains largely original with limited prior renovations.

Key Highlights

  • Seven‑unit apartment building with one studio, four one‑bedroom units, and two two‑bedroom, one‑bathroom units
  • 3,802 gross square feet on an approximately 8,400‑square‑foot parcel
  • Approximately one block from the sand and near the Venice Beach boardwalk

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy Clothing & Fashion Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,735
Businesses Nearby

Demographics for 90291, CA

28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story coastal property with mixed unit layouts, on-site laundry, and access to Venice Beach amenities.
Where is this apartment building located?
The property is located at 1304 Pacific Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Seven‑unit apartment building with one studio, four one‑bedroom units, and two two‑bedroom, one‑bathroom units; 3,802 gross square feet on an approximately 8,400‑square‑foot parcel; Approximately one block from the sand and near the Venice Beach boardwalk
More about this property
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