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Venice
 | 
Multifamily

559 Sunset Avenue

Venice, CA 90291
Offering Price
Sales Price
$5,825,000
Offering Highlights
Deal Highlights

Exceptional Venice Beach Location.

First Time for Sale in Nearly 30 Years.

Value-Add: Approximately 72% Rental Upside.

Three Units Delivered Vacant.

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Close of Escrow
3/15/2023
14

Units

10,651

Building SF

1964

Year Built

Walk Score

$546.90

Price/SF

$416,071

Price/Unit

4.77%

Current Cap

14.46

Current GRM

10,651

Building SF

1964

Year Built

$546.90

Price/SF

14

Units

10,651

Building SF

1964

Year Built

Walk Score

$546.90

Price/SF

$416,071

Price/Unit

4.77%

Current Cap

14.46

Current GRM

14

Potential Buildable Units

10,651

Land SF

$546.90

Price/Land SF

$416,071

Zoning

1964

Year Built

Walk Score

Property video
Property Location
Venice
Submarket
Lead Agent Info

Contact us for more information.

Julian Bloch

Senior Director
Multifamily & Retail Investments

(213) 797-7025

Andres Diaz

Managing Director
Multifamily Investments

(213) 797-7182

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