Property listed by ADR/Preferred Bus.Prop, Justin Seigel 818-599-6466
$1,595,000
Rare Side-by-Side Venice Duplex Opportunity – 1918 & 1920 Canal - Available Individually or Together - $1,595,000 Each
1920 Canal Street in Venice, CA presents a prime duplex opportunity in one of Los Angeles’ most desirable rental markets. The property features a downstairs 1-bedroom unit and an upstairs 2-bedroom unit, both… Read More currently occupied, each with in-unit laundry and private outdoor space. The building is non-RSO and includes one approved permit for a studio ADU — providing the opportunity to unlock additional rental income or flexible live/work possibilities.
1918 Canal Street in Venice, CA presents a prime duplex opportunity in one of Los Angeles’ most desirable rental markets. The property features a downstairs 1-bedroom unit (currently rented) and an upstairs 2-bedroom unit, each with in-unit laundry and private outdoor space. The building is non-RSO and includes one approved permit for a studio ADU - ready to unlock additional rental income or flexible live/work possibilities. This property is perfectly suited for an owner-user looking to occupy the upstairs unit while generating income from the others, or for investors seeking reliable returns in a premier coastal location. With Venice rents among the highest on the Westside and demand consistently supported by limited supply, the property offers both short-term cash flow and long-term appreciation in a blue-chip submarket.
Drive-by only – please do not disturb occupants. Contact for OM. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.07 Acres
Year Built
1979
MLS Number
SR26061255
Additional Details
Building
Built in 1979, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Side
Community
Sidewalks
Expenses
Insurance: $4,500, Operating: $28,890
Garage
2 spaces
Income
Gross Income: $90,792, Gross ScheduledIncome: $88,068, Net Operating Income: $59,178
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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