Eight-Unit Apartment
For Sale
$3,888,000
250 3rd Ave, Venice, CA 90291
Residential Income, Venice, CA
Property Size3,288 SF
Lot Size0.15 Acres
Price / SF$1,182
Days on Market145
Property Features for 250 3rd Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD1.5
Bedrooms
4
Bathrooms
8
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 5, Bathroom 1, Bathroom 6, Bedroom 4, Bathroom 4, Bathroom 2, Bathroom 7, Bathroom 8, Bedroom 1, Bedroom 3, Bathroom 3
Parking features
Covered
Directions
Located on 3rd Ave between Rose Ave and Marine St.
Subdivision
Venice
Standard status
Active
APN
4286-001-012
Size
3,288 SF
Lot size
0.15 Acres
Utilities
Cooling system
Ceiling Fan(s)
Amenities
landscaped communal garden courtyard
on-site laundry
Building Details
Year built
1956
Floors in Building
2
Number of units
8
Listing Agency:
Compass
(310) 230-5478
Listed By:
John Swartz · License #01873487
(310) 779-9929
Added: Apr 22
Changed: Sep 12
Last Checked: Sep 13 at 5:06AM
MLS# 26771865
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 250 3rd Ave in Venice, this 1956 multifamily building contains 3,288 square feet on a 0.1452-acre lot. The property includes four one-bedroom, one-bathroom apartments and four studio units, with updated cabinetry, appliances, and interior finishes. Select residences feature large private patios, open ceilings with exposed wood beams, or private balconies.
A landscaped courtyard, on-site laundry, ceiling fans, and six covered parking spaces serve the property. Recent improvements include replacement of most electrical systems, upgrades to the majority of lateral plumbing, and reconstruction of the balconies with new handrails approximately six years ago. Utilities are landlord-paid, with five electric meters and five gas meters. The property is zoned LARD1.5, and the existing parking configuration may support ADU development subject to applicable approvals.
A landscaped courtyard, on-site laundry, ceiling fans, and six covered parking spaces serve the property. Recent improvements include replacement of most electrical systems, upgrades to the majority of lateral plumbing, and reconstruction of the balconies with new handrails approximately six years ago. Utilities are landlord-paid, with five electric meters and five gas meters. The property is zoned LARD1.5, and the existing parking configuration may support ADU development subject to applicable approvals.
Key Highlights
- Eight‑unit property with four one‑bedroom units and four studios
- 3,288 square feet on a 0.1452‑acre lot in Venice
- Six covered on‑site parking spaces
Property Analytics
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Current Use
Lease Details
8
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,709
Businesses Nearby
Explore this area
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 - Upgraded coastal multifamily property with private outdoor spaces, covered parking, and a landscaped communal courtyard.
Where is this apartment building located?
The property is located at 250 3rd Ave Venice, CA.
What is the asking price?
The asking price for this property is $3,888,000.
What are key features of this property?
This property features: Eight‑unit property with four one‑bedroom units and four studios; 3,288 square feet on a 0.1452‑acre lot in Venice; Six covered on‑site parking spaces
