$3,395,000
-$200,0002008 Strongs Drive, Venice CA 90291
Multi-Family (7 Units)
Property type
143 days
On market
$847
Price per sqft
N/A
Garage
1922
Year built
6,182 sqft
Lot size
Home highlights
Open Houses
Overview
2008 Strong's Drive, a 7-unit multifamily investment opportunity located in the highly desirable Venice Canals neighborhood of Los Angeles. Originally constructed in 1922 and thoughtfully remodeled, the property comprises approximately 4,008 square feet of rentable building area offering long-term flexibility and investment stability in a premier coastal submarket. The...
Listing provided by: John Swartz DRE #01873487 310-922-9668, Compass, Jacqueline Carroll DRE #02139996 917-757-3442, Compass
Listing updated: May 13, 2026 at 05:38pm.
Last checked: Jun 4, 2026 at 06:00am
Source: CRMLS #26635295
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 1 | 1 | — | $3,157 | $18,941 | $20,680 | Unfurnished |
| 1 | 1 | 1 | — | $4,385 | $4,385 | $5,195 | Unfurnished |
# of Buildings: 2
# of Units Total: 7
Dishwasher: 7
Disposal: 7
Refrigerator: 7
Financial Snapshot
Gross Rent Multiplier
11.9x
List Price / Annual Gross Rent
Cap Rate
5.92%
NOI / List Price
Vacancy Allowance Rate: 3%
Net Operating Income: $201,003
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Stories Total: 2
Levels: Two
Other Structures: Guest House
Garage and Parking
Parking: Garage, Tandem
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 4238022028
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 2008 Strongs Drive, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,716,000
Total Interest
$3,464,108
Total Payment
$6,180,108
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$20,853
per month
Property History for 2008 Strongs Drive
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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