$899,000
-$291,0005618 Venice Boulevard, Los Angeles CA 90019
Multi-Family (3 Units)
Property type
125 days
On market
$375
Price per sqft
1 car
Garage
1947
Year built
4,283 sqft
Lot size
Open Houses
Overview
Back on the market with a large price reduction, This Property has recently been remodeled. this great property could be three units or can be used as a mixed use building. There is a 2 bedroom 2 bath unit on the second floor that is occupied. Downstairs was used for an office, but now has been redone and can be two units either for an office or for living, Downstairs is now...
Listing provided by: David Babiracki DRE #00904817, Option West Realty
Listing updated: Apr 14, 2026 at 05:11pm.
Last checked: Jun 4, 2026 at 10:01pm
Source: CRMLS #OC26022985
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 0 | — | $2,100 | $2,100 | $3,000 | Unfurnished |
| 1 | 1 | 0 | — | $3,000 | $3,000 | $3,000 | Unfurnished |
| 1 | 1 | 0 | — | $1,000 | $1,000 | $1,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 2
Separate Water Meters: 1
Ranges: 3
Rent Control: Yes
Units Leased: 1
Total Actual Rent: $4,100
Financial Snapshot
Gross Rent Multiplier
9.4x
List Price / Annual Gross Rent
Cap Rate
0.04%
NOI / List Price
Gross Scheduled Income: $96,000
Operating Expense: $12,400
Net Operating Income: $400
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $1,000
Professional Management: $0
Trash: $90
Water / Sewer: $0
Interior
Interior Features: Multiple Staircases
Room Type: Art Studio
Cooling: Wall Window Units
Heating: Combination
Appliances: Gas Oven, Gas Range
Fireplace: None
Laundry: Laundry Room
Entry Location: Front Door
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: One Common Wall
Lot Features: Two To Five Units Acre, Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Electric: Volts220 In Laundry
Garage and Parking
Parking: Driveway
Garage Spaces: 1
Uncovered Spaces: 4
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5064014033
Additional Parcels: No
Tax Lot: 1
Community
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 5618 Venice Boulevard, Los Angeles, CA 90019. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$719,200
Total Interest
$917,300
Total Payment
$1,636,500
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,632
per month
Property History for 5618 Venice Boulevard
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90019.
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