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California>Los Angeles>Pico Union

1475 Venice BlvdLos Angeles, CA 90006

For Sale

$1,850,000

Smart Buyer Rebate $18,500

The Venice Apartments is a 10-unit multifamily building constructed in 1954, offering well-proportioned one-bedroom, one-bathroom apartments that appeal to a broad tenant base. The property is situated on an approximately 8,426sqft parcel and provides stable in-place income with additional potential for future growth.
Each unit is individually metered for gas and electricity, allowing for efficient utility management. The property has also recently undergone electrical system upgrades, including improvements to the main electrical panel and sub-panels, enhancing the building’s infrastructure and long-term reliability.
With its functional unit layouts, improved building systems, and strong surrounding rental demand, the property offers investors the opportunity to further enhance value through thoughtful unit improvements and operational optimization. *Please email listing agent for full offering memorandum*

Listed by Hyeyeon Lee

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License #02225694

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Dream ERE

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AliceTopRealtor@gmail.com

Last updated May 06, 2026

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Source: CRMLS #PW26098354

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico Union
  • Days on Prevu41

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

05/06/2026
Listed by Dream ERE
$1,850,000

Property Details for 1475 Venice Blvd

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 10
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1954
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 6,766
  • Building Area Units: Square Feet
  • Lot Features: 6-10 Units/Acre
  • Lot Size Acres: 0.19
  • Lot Size Area: 8,408
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,408
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.42
  • Gross Income: $166,009.00
  • Operating Expense: $65,678.00

Taxes

  • Parcel Number: 5056007022

Other

Location

  • Tax Lot: 2021

Parking

Parking

  • Parking Features: One Space

Utilities

Equipment

  • Laundry Features: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1475 Venice Blvd.

How does 1475 Venice Blvd compare to other multi-family homes in Pico Union?

This multi-family home is listed 3% below the average price for multi-family homes in Pico Union and has been on the market for 74 less days than the typical home in this area.

1475 Venice Blvd is a -bedroom multi-family home for sale in Los Angeles CA 90006. Listed on Prevu for 41 days at $1,850,000. This residence is located in Pico Union. The median listing price for multi-family homes in this area is $1,200,000. The home offers parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.