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Ten-Unit Apartment Building
For Sale
$1,800,000

1475 Venice Blvd, Los Angeles, CA 90006

Mid-century property with one-bedroom, one-bath units and separately metered gas and electricity.

Lot Size0.19 Acres
Days on Market27

Property Features for 1475 Venice Blvd

General Information

Standard status Active
Lot size 0.19 Acres
Property subtype MULTI_FAMILY

Units

Unit Mix 10 x 1BR/1BA
Multifamily Units 10

Additional Details

Cap Rate 6.84%
Public Transit Yes

Building Details

Building Size 6,766 SF
Year Built 1954
Listing Agency: Real Broker
Listed By: Max Lee · License #01905008
Source: Rochellemaize
Added: Jul 6 Changed: Jul 31 Last Checked: Jul 31 at 8:22AM

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 Real Broker

Investment Insights

Based on property information with market context.

The Venice Apartments is a 10-unit multifamily property built in 1954, with ten one-bedroom, one-bath units. Two units are scheduled to be delivered vacant at close of escrow. Gas and electricity are separately metered, supporting a distinct utility arrangement for the building. The property occupies an 8,400+ SF lot at 1475 Venice Blvd in Los Angeles, California.

The property is situated between Downtown Los Angeles and Koreatown, with stated proximity to USC, DTLA, and Koreatown. It has a 91 Walk Score and exceptional public transit access. The asset is classified as an apartment building and may accommodate a 1031 exchange transaction, as indicated in the property information.

Key Highlights

  • 10‑unit multifamily property with ten 1‑bed/1‑bath units
  • Two units to be delivered vacant at close of escrow
  • 8,400+ SF lot at 1475 Venice Blvd, Los Angeles, CA 90006

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Veterinary Clinic Clothing & Fashion Store (Bike/Boat/Book/etc) Store Buffet

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

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

2,188
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
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 - Mid-century property with one-bedroom, one-bath units and separately metered gas and electricity.
Where is this apartment building located?
The property is located at 1475 Venice Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 10‑unit multifamily property with ten 1‑bed/1‑bath units; Two units to be delivered vacant at close of escrow; 8,400+ SF lot at 1475 Venice Blvd, Los Angeles, CA 90006
More about this property
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