$4,999,889
+$13005 Grand Canal, Venice CA 90291
Multi-Family (5 Units)
Property type
41 days
On market
$707
Price per sqft
3 cars
Garage
2010
Year built
5,990 sqft
Lot size
Home highlights
Open Houses
Overview
REO Lender-Owned Premier 5-Unit Trophy Asset on the Venice Canals. SELLER may consider FINANCING for a qualified buyer with 20% down. PRICED TO SELL Rare opportunity to acquire a lender-owned luxury multi-unit property situated on an expansive, private corner lot along the iconic Venice Canals. Now offered with a massive price reduction, this exceptional coastal asset...
Listing provided by: Steven Kay DRE #00871704 310-770-3999, Nelson Shelton & Associates
Listing updated: Jun 14, 2026 at 11:09pm.
Last checked: Jun 14, 2026 at 11:30pm
Source: CRMLS #26829101
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 5 | — | $16,500 | $16,000 | $20,000 | Furnished |
| 1 | 1 | 2 | — | $4,700 | $4,700 | $5,000 | Furnished |
| 1 | 1 | 2 | — | $5,400 | $5,400 | $6,000 | Furnished |
| 1 | 3 | 3 | — | $4,500 | $4,500 | $8,000 | Unfurnished |
| 1 | 3 | 3 | — | $7,800 | $7,800 | $9,000 | Furnished |
# of Buildings: 1
# of Units Total: 5
Dishwasher: 5
Disposal: 5
Refrigerator: 5
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
10.9x
List Price / Annual Gross Rent
Cap Rate
6%
NOI / List Price
Net Operating Income: $345,500
Interior
Interior Features: Ceiling Fans, Elevator, High Ceilings
Flooring: Wood
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Fireplace: Gas, Living Room
Laundry: Stacked, Dryer Included, Washer Included
Entry Location: Elevator
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Two, Three Or More
Door Features: Sliding Doors
Window Features: Double Pane Windows
Property Condition: Updated Remodeled
Common Walls: One Common Wall
Security Features: Carbon Monoxide Detectors, Fire Detection System, Fire Sprinkler System, Security Gate, Smoke Detectors
Pool: None
Sewer: Sewer Tap Paid
View: Canal, Park Greenbelt, Landmark, Water
Waterfront Features: Canal Front
Garage and Parking
Parking: Assigned, Door Multi, Garage, Garage Door Opener, Private, Side By Side
Garage Spaces: 3
Parking Total: 10
Lot Information
Land Lease: No
Parcel #: 4227018033
Zoning: LARW1
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 3005 Grand Canal, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,999,911
Total Interest
$5,101,666
Total Payment
$9,101,577
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$30,640
per month
Property History for 3005 Grand Canal
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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