10-Unit Apartment
New
For Sale
$1,799,000
1475 Venice Blvd, Los Angeles, CA 90006
Two apartments are scheduled for delivery vacant at closing, and every residence has a one-bedroom, one-bath layout.
Property Size6,766 SF
Lot Size0.19 Acres
Days on Market5
Property Features for 1475 Venice Blvd
General Information
Standard status
Active
Size
6,766 SF
Lot size
0.19 Acres
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Pico-Union
Public Transit
Yes
Units
Unit Mix
10 x 1BR/1BA
Multifamily Units
10
Individually Metered Utilities
gas, electricity
Additional Details
Cap Rate
6.84%
Building Details
Building Size
6,766 SF
Year Built
1954
Listing Agency:
Real Broker
Listed By:
Max Lee · License #01905008
(213) 434-2433
Source:
Milsteinestates
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 4:58PM
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
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Investment Insights
Based on property information with market context.
This 10-unit apartment property, built in 1954, contains ten one-bedroom, one-bath residences on an 8,400+ SF lot. Two units are to be delivered vacant at closing. Gas and electricity are separately metered for each unit. The listing also reports a 6.84% cap rate.
The property has a Walk Score of 91 and is described as having public transit access, with USC, downtown Los Angeles, and Koreatown cited as nearby destinations. Electrical system work is described inconsistently, so no upgrade claim is included.
The property has a Walk Score of 91 and is described as having public transit access, with USC, downtown Los Angeles, and Koreatown cited as nearby destinations. Electrical system work is described inconsistently, so no upgrade claim is included.
Key Highlights
- 10 apartments, each with a 1‑bedroom/1‑bath layout
- Two units to be delivered vacant at closing
- 8,400+ SF lot
Property Analytics
Who owns this building?
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Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
2,933
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two apartments are scheduled for delivery vacant at closing, and every residence has a one-bedroom, one-bath layout.
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 $1,799,000.
What are key features of this property?
This property features: 10 apartments, each with a 1‑bedroom/1‑bath layout; Two units to be delivered vacant at closing; 8,400+ SF lot
