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5-Unit Apartment Building with Elevator
For Sale
$4,999,889

3005 Grand Canal, Venice, CA 90291

Residential Income, Contemporary Mediterranean, Venice, CA

Property Size7,068 SF
Lot Size0.14 Acres
Price / SF$707.40
Days on Market134

Property Features for 3005 Grand Canal

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LARW1
Bedrooms 10
Bathrooms 14
Full bathrooms 15
Rooms Bedroom 10, Bedroom 3, Bedroom 8, Bedroom 7, Bathroom 3, Bathroom 4, Bathroom 7, Bathroom 1, Bathroom 10, Bedroom 2, Bedroom 4, Bathroom 6, Bathroom 5, Bathroom 15, Bathroom 13, Bathroom 14, Bedroom 6, Bedroom 9, Bathroom 2, Bathroom 8, Bathroom 12, Bathroom 11, Bedroom 5, Bedroom 1, Bathroom 9
Parking 10
Parking features Open, Side By Side, Garage, Assigned
Security features Security Lighting
Window features Double Pane Windows
Interior features Elevator, Built-Ins, High Ceilings (9 Feet+)
Fireplace 1
Accessibility Accessible Elevator Installed
View Water
Directions Two Blocks to the Beach and Venice Fishing Pier. One Block North of Washington Blvd. S.E. corner of Grand Canal & Stongs Dr
Subdivision Venice
Special listing conditions In Foreclosure, Real Estate Owned
Standard status Active
APN 4227-018-033
Size 7,068 SF
Lot size 0.14 Acres

Utilities

Heating system Central
Cooling system Central Air

Amenities

decks
canal frontage
fireplace
custom built-ins
chef's kitchen
travertine countertops
stainless steel appliances
center island
walk-in pantry
private yard
spa-style bathrooms
private balconies
central HVAC
in-unit laundry
travertine finishes
generous storage
high-end appliances

Building Details

Year built 2010
Floors in Building 3
Number of units 5
Flooring type Tile - Ceramic, Mixed, Wood
Architectural style Contemporary
Listing Agency: Nelson Shelton & Associates
Listed By: Steven Kay · License #00871704
Added: May 4 Changed: Sep 12 Last Checked: Sep 14 at 7:06AM
MLS# 26829101

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.

This 5-unit apartment property, built in 2010, contains 7,068 square feet on a 0.1375-acre corner lot along the Venice Canals. The unit mix includes a 4-bedroom, 5-bath residence with a private elevator, 3-car garage, multiple decks, canal-front yard, fireplace, custom built-ins, chef’s kitchen, and walk-in pantry. That residence is fully furnished. The remaining units comprise two 3-bedroom, 3-bath townhouse-style residences and two 1-bedroom, 1.5-bath single-level units.

Residential finishes and systems include central HVAC, in-unit laundry, fireplaces, travertine surfaces, high-end appliances, built-in storage, wood and ceramic tile flooring, and high ceilings. The property provides 10 parking spaces, including seven spaces beyond the main residence’s garage. Located two blocks from the beach at 3005 Grand Canal in Venice, the property is zoned LARW1. All units except Unit 4 can be delivered vacant.

Key Highlights

  • 5‑unit apartment property with 7,068 square feet on 0.1375 acres
  • Unit mix includes one 4‑bedroom residence, two 3‑bedroom townhouses, and two 1‑bedroom units
  • 10 parking spaces, including a 3‑car garage and seven additional spaces

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Daycare Center Barber Shop Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,598
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Contemporary multifamily property with canal frontage, private outdoor areas, parking, and varied residential layouts.
Where is this apartment building located?
The property is located at 3005 Grand Canal Venice, CA.
What is the asking price?
The asking price for this property is $4,999,889.
What are key features of this property?
This property features: 5‑unit apartment property with 7,068 square feet on 0.1375 acres; Unit mix includes one 4‑bedroom residence, two 3‑bedroom townhouses, and two 1‑bedroom units; 10 parking spaces, including a 3‑car garage and seven additional spaces
More about this property
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