LKV Realty
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$1,799,000
$6,000Reward *
1475 Venice Boulevard, Los Angeles, CA 90006Listing ID 26855979

1475 Venice Boulevard, Los Angeles, CA 90006

Active
Time on site: 36 daysLast updated: 3 hours ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
10
Bathrooms
Bathrooms
10
Square Feet
Square Feet
6,766
Acres
Acres
0.19
Days on Site
Days on Site
35
Year Built
Year Built
1954
Stories
Stories
1
Parking
Parking
Assigned

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.

Property Information

Property Details

Location

Address
1475 Venice Boulevard
County
Los Angeles
City
Los Angeles
Zip Code
90006
MLS Area
C16 - Mid Los Angeles

Interior Features

Beds and Baths

Bedrooms
10

Building

Building Information

Square Feet
6,766
Year Built
1954
Stories
1

Financial

Special Conditions
Standard
Max LeeReal Broker, (619) 663-8680

Market Report for 90006

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-C105754