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1300 Riviera Ave
For Sale $2,295,000 ($803.57 per Sq Ft)
$2,295,000 ($803.57 per Sq Ft)
- 5 Units
- 2,856 Sq Ft
- 4,933 Sq Ft
- Unknown Cap Rate
Description
1300-1304 Riviera Ave | 5-Unit Craftsmans in Prime Venice .Classic 1914 five-plex on a 4,929 SF corner lot; three blocks to Abbot Kinney and a short stroll to the Boardwalk Efficient mix: (3) 1-bed / 1-bath, (1) studio, (1) 1-bed + office; total 2,856 SF of living area Recent cosmetic and systems upgrades keep capital expenses low; rents still about below market so upside is clear Street-parking property in a bike-and-walk tenant pocket; tenants pay for location
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,295,000 |
| Property Type | Multi-Family |
| Usable Sqft | 2,856 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1914 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4238009001 |
| MLS # | 25543305 |
| Property ID | 321832059 |
| Lot Sqft | 4,933 |
| Zoning | LARD1.5 |
| Total Units | 5 |
| Days on Market | 253 |
| Original List Price | $2,295,000 |
| Date Updated | December 30, 2025 |
| Date Created | May 23, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 0 | 1.00 | $2,184 | $2,250 |
| Unit #2 | 1 | 1.00 | $2,521 | $12,650 |
| Gross Income (Yr) | $ 143,707 |
| Operating Expenses | $ 48,113 |
| Net Income (Yr) | $ 95,594 |
| Cap Rate | 4.17% |
Listing Provided By
Taylor Avakian an agent of . Lic #02060040
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Robert Crawford
REAL ESTATE AGENT