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Four-Unit Apartment Building
New
For Sale
$2,200,000

714 & 716 Machado Dr, Venice, CA 90291

The residences offer a one- and two-bedroom mix, with three apartments having two bedrooms.

Property Size4,734 SF
Days on Market2
Rey
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Property Features for 714 & 716 Machado Dr

General Information

Standard status Active
Size 4,734 SF
Property subtype Multifamily

Additional Details

Asking Price $2,200,000

Building Details

Building Size 4,734 SF
Year Built 1949
Listing Agency: Bluechip Investment Group, Inc
Listed By: Kevin Kawaoka, CCIM · License #CalDRE #01733613
Source: Naiglobal
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:07AM

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 Bluechip Investment Group, Inc

Investment Insights

Based on property information with market context.

This four-unit apartment property in Venice contains one one-bedroom residence and three two-bedroom residences. The apartments average 1,180+ SF, and the building dates to 1949.

The property spans two APNs and qualifies for AB2097. Additional-unit options may be explored.

Key Highlights

  • One one‑bedroom apartment and three two‑bedroom apartments
  • Apartments average 1,180+ SF
  • Building constructed in 1949

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Nursing Home Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service

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

2,452
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

Frequently Asked Questions

What type of property is this?
Quadplex - The residences offer a one- and two-bedroom mix, with three apartments having two bedrooms.
Where is this quadplex located?
The property is located at 714 & 716 Machado Dr Venice, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: One one‑bedroom apartment and three two‑bedroom apartments; Apartments average 1,180+ SF; Building constructed in 1949
More about this property
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