20 19th ave, Venice, CA 90291
Active
$1,950,000
4 Units
4 Beds
4 Baths
2,328 Area(sq.ft.)
Lot: 2,640 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,379 | $ 2,379 | $ 3,500 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,481 | $ 2,481 | $ 3,500 |
| Unit 3 | 1 | 1 | 1 | No | $ 2,340 | $ 2,340 | $ 3,500 |
| Unit 4 | 1 | 1 | 1 | No | $ 2,506 | $ 2,506 | $ 3,500 |
| 4 | 4 | 4 | $ 9,706 | $ 9,706 | $ 14,000 |
| MLS #: | 25539009 |
| Days On Market: | 266 |
| Listing Date: | May 14, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 838 |
| Price per unit: | $ 487,500 |
| Year Built: | 1908 |
Property Details
PORTFOLIO SALE: 11 19TH AVE (3 UNITS), 20 19th AVE (4 UNITS) & 11 20th AVE (3 UNITS) PROPERTIES CAN BE SOLD TOGETHER OR SEPARATELY.... 20 19th Ave, a charming 4-plex investment opportunity right in the heart of Venice on a "Walk-Street", just steps away from the beach. This 2,328 square foot property features four bright 1-bedroom / 1-bathroom units with two units on each floor. Three of the four units have been tastefully renovated with wood flooring, recessed lighting in two units, and upgraded kitchens & bathrooms. All of the units come with ample outdoor space, with the upstairs units sharing a large sundeck, and the downstairs units sharing a private & fenced front yard along 19th Ave with beautiful landscaping. Additionally, there are four uncovered parking spaces in the back of the lot, one stall for each unit. There is also a community laundry room on the property, which provides additional monthly income. The building's location is unbeatable, just a few parcels over from the Venice Boardwalk and Muscle Beach.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Gross Operating Income: | $ 114,058 |
| Total Annual Expense: | $ 34,967 |
| Net Operating Income: | $ 79,091 |
| Gross Annual Income: | $ 116,472 |
| Cap Rate: | 4.06% |
| Gross Rent Multiplier: | 16.74 |
Structure
| Type of Units: | 1+1 |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Uncovered |
Interior
| AC/Cooling: | None |
| Equipment: | None |
| Heating: | None |
| Laundry: | Community |
| Patio Features: | Deck(s) |
Exterior
Detailed Map
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Income
