Venice, CA 90291 1921 Canal Street

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Presented By: Jeff Konecke with Dogtown Realty;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25520233
  • 04/03/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 7
  • Baths • 10
  • SQFT • 6,411

Home Details

Price Improvement! Excellent opportunity to purchase a 9-unit building a few blocks from the famous Venice Canals, Ocean Front Walk, and you can purchase the building right next store, 1921 Canal Street, which is also available (also 9-units, Identical unit mix and square footage, can be purchased together or separately). Both Buildings are Fully leased. Some units have been updated. Current Rents well under market value with big upside when units become vacant (Projected at more than 90%). 8 parking spots allocated to tenants for each building. See Income and unit breakdowns. Inside with accepted offer.
Presented By: Jeff Konecke with Dogtown Realty;

Interior Features for 1921 Canal Street

Bedrooms

Total Bedrooms7

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths10

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 1921 Canal Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate3.8
Carport Y/NNo
CityVenice
CoolingNone
CountyLos Angeles
DirectionsWest on N. Venice Bl towards the beach. Right onto Canal Street.
DisclosuresCoastalZone, RentControl
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income160224.0
HOANo
HeatingSpaceHeater
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5981.0
Lot Size UnitsSquareFeet
MLS AreaC11 - Venice
MobileHomeRemainsYNNo
Net Operating Income115000.0
New ConstructionNo
Number Of Units Total9
Open Parking Spaces8.0
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Virtual TourClick here
Waterfront Y/NNo
Year Built1972
ZoningLARD1.5

Exterior for 1921 Canal Street

Building Area Total6411.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions60x100
Lot Size Acres0.1373
Lot Size Area5981.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking8.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,749,000
MLS#25520233
List Date 04/03/2025
Property Type Multi-Family
Phone 714.742.6515
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