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Property profile & analytics
FOR SALE
Apartment buildings
3005 Grand Canal Venice, CA 90291
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0508513
For Sale
1 / 75
$4,999,889
3005 Grand Canal, Venice, CA 90291
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1927
Construction
WOOD
Total area
7,068 SF
Lot
0.14 ac (5,988 SF)
Zoning code
LARW1
APN
4227-018-033
UPID
US10-0508513
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.18M
Owner & transaction history
Julie A Jungwirth · 4 yrs held
Julie A Jungwirth
since 2021
7 recorded transactions
Zoning & alternative use
LARW1 · Venice, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Venice submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$167 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$20,970
Tax year 2024
Assessed value
$1,658,806
Assessed 2024
Previous assessed
$1,658,806
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$420,711
Assessed improvement
$1,238,095
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1927
Construction
WOOD
Heating
NONE
Cooling
YES
Units
5
Bathrooms
14
Total area
7,068 SF
Lot
0.14 ac (5,988 SF)
Zoning code
LARW1
APN
4227-018-033
UPID
US10-0508513
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARW1 · Venice, CA
Zoning LARW1 · permitted uses
LARW1 · Venice, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Venice. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1927
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
5
Bathrooms
14
Lot
0.14 ac
Current owner
From public records · entity-resolved
Julie A Jungwirth
Individual
Mailing address
912 HBR XING LN, MARINA DEL REY, CA 90292-5451
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2024
—
Julie A Jungwirth
—
Deed
related
$300,000 · J Steven Duncan And Laurie J Duncan R
Oct 26, 2022
—
Julie A Jungwirth
—
Deed
related
$4,500,000 · Mark Lerman
Nov 17, 2021
—
Julie A Jungwirth
Julie A Jungwirth
Intrafamily Transfer
related
$113,000 · The Entrust Group INC
Sep 21, 2021
—
Julie A Jungwirth
—
Deed
related
$1,400,000 · J Steven Duncan And Laurie J Duncan Revo
Dec 11, 2020
—
Jungwirth,j & J Trust
—
Deed
related
$950,000 · Mark Leonard
Jul 30, 2020
—
Julie A Jungwirth
—
Deed
related
$950,000 · Cascade Investment INC
Feb 10, 2020
—
Jungwirth,j & J Trust
—
Deed
related
$700,000 · C Darryl Cordero INC
Mar 26, 2019
—
Jungwirth,j & J Trust
—
Deed
related
$750,000 · Freeman Trust (rt)
Dec 31, 2018
—
Jungwirth,j & J Trust
—
Deed
related
$2,800,000 · Lone Oak Fund
Dec 14, 2018
—
Jungwirth,j & J Trust
Jungwirth,james N
Affidavit Of Death
related
$150,000 · Bernie M Eckhouse
Jul 16, 2018
—
Jungwirth,j & J Trust
—
Trustees Deed
related
$283,266 · Rockkam LLC
May 24, 2017
—
James N Jungwirth
—
Deed
related
$1,000,000 · Ronald Perlstein
Jan 31, 2017
—
J & J Jungwirth Trust
Jungwirth,james N & Julie A
Quit Claim Deed
related
—
Jan 30, 2017
—
James N Jungwirth
J & J Jungwirth Trust
Quit Claim Deed
related
$310,000 · Thomas Y Wan
Jul 9, 2009
—
Jungwirth J & J Trust
Jungwirth,james N & Julie A
Quit Claim Deed
related
—
Jul 6, 2009
—
James N Jungwirth
Jungwirth J & J Trust
Quit Claim Deed
related
$1,397,000 · Greystone Servicing Corp
—
—
Jungwirth,j & J Trust
—
Deed Of Trust
related
$700,000 · C Darryl Cordero INC
—
—
Jungwirth,j & J Trust
—
Deed Of Trust
related
$210,000 · Dmc
—
—
James N Jungwirth
—
Deed Of Trust
related
$1,000,000 · Ronald Perlstein
—
—
Jungwirth,j & J Trust
—
Deed Of Trust
related
$750,000 · Freeman Trust (rt)
—
—
Jungwirth,j & J Trust
—
Deed Of Trust
related
$950,000 · Mark Leonard
—
—
Jungwirth,j & J Trust
—
Deed Of Trust
related
$2,800,000 · Lone Oak Fund
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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