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25-Unit Apartment Building
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29 Navy St, Venice, CA 90291

Renovated multifamily property near Venice Beach with a studio-heavy unit mix and central access to area amenities.

Property SizeContact for details
Lot Size0.13 Acres
Days on Market144

Property Features for 29 Navy St

General Information

Standard status Active
Lot size 0.13 Acres
Property subtype Multifamily

Units

Unit Mix 15 x studio, 1 x 1BR, 9 x bedroom
Multifamily Units 25

Building Details

Year Built 1924
Year Renovated 2018
Listing Agency: Madison Partners
Listed By: Bob Safai · License #CA 00978067
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 6:09PM

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.

This 25-unit apartment property at 29 Navy St. includes fifteen studio units along with additional one-bedroom and bedroom units. The building dates to 1924 and underwent renovations in 2015 and 2018. The property occupies 0.13 acres and is positioned for multifamily use in a compact urban setting.

Located in Venice, the property is steps from Venice Beach and near the area’s amenities and attractions. Its central setting is described as highly walkable, providing proximity to the beach and surrounding destinations. The stated unit mix includes fifteen studios, one one-bedroom unit, and nine additional bedroom units.

Key Highlights

  • 25‑unit multifamily property on 0.13 acres
  • Unit mix includes fifteen studio units, one one‑bedroom unit, and nine additional bedroom units
  • Originally built in 1924

Property Analytics

Current Use

Apartment buildings

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.

Lease Details

25
Residential units

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property near Venice Beach with a studio-heavy unit mix and central access to area amenities.
Where is this apartment building located?
The property is located at 29 Navy St Venice, CA.
What are key features of this property?
This property features: 25‑unit multifamily property on 0.13 acres; Unit mix includes fifteen studio units, one one‑bedroom unit, and nine additional bedroom units; Originally built in 1924
More about this property
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