Venice Beach Multifamily Investment
For Sale
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29 Navy St, Los Angeles, CA 90291
25-unit multifamily property in Venice Beach, renovated with upside potential.
Property SizeContact for details
Lot Size0.13 Acres
Days on Market146
Property Features for 29 Navy St
General Information
Standard status
Active
Lot size
0.13 Acres
Property subtype
Multifamily
Zoning
R3-1 (City of Los Angeles - Multiple Dwelling Zone)
Building Details
Year Built
1924
Year Renovated
2015
Buildings
1
Stories
3
Units
25
Listing Agency:
Madison Partners
Listed By:
Bob Safai · License #CA 00978067
Source:
Crexi
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 15 at 10:52AM
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 Madison Partners
Investment Insights
Based on property information with market context.
Located in the Venice Beach area of Los Angeles, California, 29 Navy Street presents an opportunity to acquire a 25-unit multifamily property. Constructed in 1924 and renovated between 2015 and 2018, the property is situated on 0.13 acres. The unit mix includes sixteen studio units, six 1-bedroom units, and three 2-bedroom units. Since 2015, approximately $2 million has been invested in property improvements, creating units with exposed brick interiors, wide-plank flooring, stainless steel appliances, and premium fixtures and finishes. The property also features a penthouse unit with an ocean view rooftop patio. The property's location is central and walkable, with proximity to Venice Beach and local amenities.
Key Highlights
- Prime Venice Beach location, steps from the beach and amenities
- Completely renovated in 2015/2018 to cutting‑edge specifications
- Penthouse unit with ocean view rooftop patio
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,834
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 25-unit multifamily property in Venice Beach, renovated with upside potential.
Where is this apartment building located?
The property is located at 29 Navy St Los Angeles, CA.
What are key features of this property?
This property features: Prime Venice Beach location, steps from the beach and amenities; Completely renovated in 2015/2018 to cutting‑edge specifications; Penthouse unit with **ocean view rooftop patio**
