$2,195,000
-$155,00023 19th Avenue, Venice CA 90291
Multi-Family (6 Units)
Property type
143 days
On market
$794
Price per sqft
N/A
Garage
1904
Year built
2,647 sqft
Lot size
Open Houses
Overview
Charming 6 - unit investment property in the heart of Venice on a "Walk-Street", just steps to the sand. The property features 4 -Singles, 2 of them have a sunporch, 1 - 1bd+1ba and 1 - 2bd+1ba units. Long term owner (over 40 years) with below market rents. The building has copper plumbing. Two of the units (units 2& 4) have been completely remodeled. Two other units (units 3...
Listing provided by: Michael A Salerno DRE #01212427 213-866-9801, Michael Anthony Salerno
Listing updated: Apr 13, 2026 at 08:17pm.
Last checked: Jun 4, 2026 at 10:01pm
Source: CRMLS #26636345
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $2,143 | $2,143 | $2,250 | Unfurnished |
| 1 | 0 | 1 | — | $2,150 | $2,150 | $2,250 | Unfurnished |
| 1 | 0 | 1 | — | $1,864 | $1,864 | $2,400 | Unfurnished |
| 1 | 0 | 1 | — | $2,074 | $2,074 | $2,400 | Unfurnished |
| 1 | 2 | 1 | — | $3,616 | $3,616 | $4,500 | Unfurnished |
| 1 | 1 | 1 | — | $2,132 | $2,132 | $2,995 | Unfurnished |
# of Buildings: 1
# of Units Total: 6
Financial Snapshot
Gross Rent Multiplier
12.7x
List Price / Annual Gross Rent
Cap Rate
5.44%
NOI / List Price
Net Operating Income: $118,744
Annual Operating Expenses
Electric: $9,125
Gardener: $600
Insurance: $5,369
Maintenance: $6,655
New Taxes: $27,000
Trash: $3,288
Exterior
Stories Total: 0
Levels: One
Garage and Parking
Parking: Uncovered
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 4226011013
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 23 19th Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,756,000
Total Interest
$2,239,681
Total Payment
$3,995,681
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,536
per month
Property History for 23 19th Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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