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Side-by-Side Duplexes with ADUs
For Sale
$1,595,000
Pending

2008 Canal Street, Venice, CA 90291

Issued permits and plans provide an approved accessory dwelling unit configuration for each property.

Property Size2,124 SF
Days on Market82

Property Features for 2008 Canal Street

General Information

Standard status Pending
Size 2,124 SF
Total Parking Spaces 2
Property subtype Residential Income / Res Income 2-4 Units
Zoning Public Rec
Net Operating Income $66,814

Building Details

Year Built 1980
Buildings 1
Units 2
Listing Agency: ADR/Preferred Bus.Prop
Listed By: Justin Seigel · License #02104699
Source: Compass
Added: Jun 10 Changed: Aug 29 Last Checked: Jul 20 at 12:51PM

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 ADR/Preferred Bus.Prop

Investment Insights

Based on property information with market context.

This offering comprises two adjacent duplex properties at 2008 and 2010 Canal Street in Venice. Each property contains two units plus a permitted accessory dwelling unit, creating a defined residential configuration. The buildings date to 1979–1980 and carry RD2-1-O zoning. Permits and plans for the accessory dwelling units have already been issued, providing documented support for the planned improvements.

The properties are located near the Venice Canals, with walkable access to the surrounding Venice area. They may be acquired separately or together as a combined portfolio, giving purchasers flexibility in structuring the acquisition.

Key Highlights

  • Two neighboring duplex properties at 2008 and 2010 Canal Street
  • Each property includes two units plus a permitted ADU
  • ADU permits and plans have already been issued

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Nursing Home Butcher Tanning Salon 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

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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Issued permits and plans provide an approved accessory dwelling unit configuration for each property.
Where is this duplex located?
The property is located at 2008 Canal Street Venice, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Two neighboring duplex properties at 2008 and 2010 Canal Street; Each property includes two units plus a permitted ADU; ADU permits and plans have already been issued
More about this property
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