7-Unit Coastal Apartment
For Sale
Contact for pricing
1304 PACIFIC AVE, Venice, CA 90291
The largely unrenovated rental property offers a varied unit mix and walkable access to the beach.
Property SizeContact for details
Days on Market9
Property Features for 1304 PACIFIC AVE
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
14
Building Details
Buildings
2
Listing Agency:
Northmarq
Listed By:
Michael Hanassab · License #CA 01484891
Source:
Crexi
Added: Sep 17
Changed: Sep 24
Last Checked: Sep 24 at 3:06PM
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
Investment Insights
Based on property information with market context.
Built in 1910, this seven-unit apartment property contains approximately 3,802 gross square feet on an approximately 2,401-square-foot parcel. The residences comprise one studio, four one-bedroom apartments, and two two-bedroom, one-bathroom apartments. The building has seen limited renovation, and current rents are approximately 17% below market, according to the property information.
The property is in a walkable coastal setting with access to the beach and nearby amenities. Its existing unit mix and largely unrenovated condition provide a clear basis for considering property improvements.
The property is in a walkable coastal setting with access to the beach and nearby amenities. Its existing unit mix and largely unrenovated condition provide a clear basis for considering property improvements.
Key Highlights
- Seven apartments: one studio, four one‑bedroom units, and two two‑bedroom, one‑bathroom units
- Approximately 3,802 gross square feet on an approximately 2,401‑square‑foot parcel
- Built in 1910
Property Analytics
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Current Use
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
3,169
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - The largely unrenovated rental property offers a varied unit mix and walkable access to the beach.
Where is this apartment building located?
The property is located at 1304 PACIFIC AVE Venice, 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 apartments: one studio, four one‑bedroom units, and two two‑bedroom, one‑bathroom units; Approximately 3,802 gross square feet on an approximately 2,401‑square‑foot parcel; Built in 1910
