CAP 6.84% 2 UNITS TO BE DELIVERED VACANT AT CLOSE OF ESCROW. PRICED TO MOVE: 10-UNIT MULTIFAMILY IN THE PATH OF PROGRESS. Welcome to The Venice Apartments a powerhouse addition to your portfolio or the perfect 1031 exchange destination. Situated right between DTLA and Koreatown, this mid-century property features ten spacious 1-bed/1-bath units capitalizing on Los Angeles' strongest rental demand. Recent infrastructure overhauls include massive electrical system upgrades (main panel and sub-panels completed). Separately metered for gas and electricity means low owner overhead and optimal operational efficiency. High walk score (91) guarantees zero friction filling vacancies. Seller is highly motivated and looking for a clean, lightning-fast close. Bring your best terms and let's lock this down today. The "Value-Add" Play (Aggressive & ROI-Focused)ATTENTION AGGRESSIVE INVESTORS: MASSIVE UPSIDE + MOTIVATED SELLER. Stop looking at low-yield properties. 1475 W Venice Blvd is an absolute cash-flow engine waiting to be fully unlocked. 10 individual 1-bed/1-bath units in a Walker's Paradise location just minutes from USC, DTLA, and Koreatown. The heavy lifting on infrastructure is already underway with electrical system upgrades in progress. Stable in-place income gives you immediate day-one revenue, while an aggressive unit-turn strategy offers massive pro-forma upside. Listed below peak comps for an immediate response. Cash, conventional, or 1031 exchange welcome. Blink and you'll miss it. Submit your offer now before the quicker one takes it. 10 UNITS. PRIME HARVARD HEIGHTS. SELLER MOTIVATED TO MOVE. Don't wait on this one. 1475 W Venice Blvd is priced to sell now. 10 units (all 1+1 layouts) sitting on an 8,400+ SF lot in the direct path of DTLA/K-Town progress. Features low landlord expenses with separate gas/electric meters and brand-new electrical panels/sub-panels already rolling. Exceptional public transit access and a 91 Walk Score keep tenant demand permanently high. Seller is ready to review clean offers immediately and move at lightning speed. Call listing agent for the full Offering Memorandum and secure this asset before it hits the pending list. The main panel and sub-panel electrical upgrades signals that the building isn't a total deferred-maintenance trap. The Utility Layout: Highlighting individual gas/electric meters is music to a multifamily investor's ears because it keeps landlord expenses predictable. The Location Leverage: Calling out the 91 Walk Score and proximity to K-Town/DTLA reminds buyers of how easy it is to keep the building at 100% occupancy.
For sale
Price cut: $1K (8/11)
$1,799,000
1475 Venice, Los Angeles, CA 90006
10beds
10baths
6,766sqft
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$266/sqft
$-- HOA
What's special
- 18 days
- 143
- 9
Zillow last checked:
Listing updated:
Listed by:
Max Lee DRE # 01905008 213-434-2433,
Real Broker 619-663-8680
Source: CLAW,MLS#: 26872079
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Heating
- Wall Gas
Cooling
- Window Unit(s)
Appliances
- Included: Disposal, Refrigerator, Range/Oven
Interior area
- Total structure area: 6,766
- Total interior livable area: 6,766 sqft
Video & virtual tour
Property
Parking
- Total spaces: 9
- Parking features: Assigned
Features
- Levels: One
- Stories: 2
Lot
- Size: 8,407 Square Feet
Details
- Additional structures: None
- Parcel number: 5056007022
- Zoning: LACM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1954
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $266/sqft
- Tax assessed value: $2,025,217
- Date on market: 8/13/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $1,799,000-0.1%$266/sqft |
Source: | ||
| 7/6/2026 | Listed for sale | $1,800,000-9.8%$266/sqft |
Source: | ||
| 3/4/2026 | Listing removed | $1,995,000$295/sqft |
Source: | ||
| 9/9/2025 | Price change | $1,995,000-5%$295/sqft |
Source: | ||
| 8/8/2025 | Listed for sale | $2,100,000+20.3%$310/sqft |
Source: | ||
| 5/18/2017 | Sold | $1,745,000$258/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Harvard Heights
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