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7-Unit Coastal Apartment Building

1304 PACIFIC AVE, Venice, CA 90291

For Sale
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The largely unrenovated rental property offers a varied unit mix and walkable access to the beach.

Property SizeContact for details
Days on Market54

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: Oct 26 Last Checked: Nov 8 at 9:25AM

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

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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.

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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Open Analytics

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

3,169
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
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Market

Average Price Trend$/SF for Apartment buildings in Venice, CA

$696 Jul
$736 Aug
$713 Sep
$686 Oct

Properties on Market for Apartment buildings in Venice

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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
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