$1,595,000
2008 Canal, Venice CA 90291
Multi-Family (2 Units)
Property type
1 day
On market
$751
Price per sqft
2 cars
Garage
1980
Year built
2,992 sqft
Lot size
Home highlights
Open Houses
Overview
Rare opportunity to acquire a side-by-side pair of Venice duplexes - 2008 and 2010 Canal Street - each offered at $1,595,000 and configured as two units plus a permitted ADU. Built in 1979–1980 and zoned RD2-1-O, these neighboring properties sit steps from the iconic Venice Canals, with walkable access to all Venice has to offer. ADU permits and plans are already issued,...
Listing provided by: Justin Seigel DRE #02104699, ADR/Preferred Bus.Prop, Karla Cisneros DRE #01423383 747-888-8507, Nansco Management Inc.
Listing updated: Jun 10, 2026 at 05:10pm.
Last checked: Jun 10, 2026 at 05:30pm
Source: CRMLS #SR26126383
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $0 | $0 | $3,800 | Unfurnished |
| 1 | 2 | 2 | 1 | $4,422 | $4,422 | $5,400 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Rent Control: No
Units Leased: 1
Total Actual Rent: $8,222
Financial Snapshot
Gross Rent Multiplier
16.7x
List Price / Annual Gross Rent
Cap Rate
4.19%
NOI / List Price
Gross Scheduled Income: $95,704
Vacancy Allowance Rate: 3%
Operating Expense: $28,890
Net Operating Income: $66,814
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Inside
Entry Location: Side
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer, Unknown
Garage and Parking
Parking: Driveway, Garage
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4238023018
Additional Parcels: No
Tax Lot: 25
Tax Block: 11
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 2008 Canal, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,276,000
Total Interest
$1,627,468
Total Payment
$2,903,468
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,877
per month
Property History for 2008 Canal
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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