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23 19th Ave
For Sale $2,350,000 ($849.91 per Sq Ft)
$2,350,000 ($849.91 per Sq Ft)
- 6 Units
- 2,765 Sq Ft
- 2,647 Sq Ft
- Unknown Cap Rate
Description
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 & 5) have been partially remodeled including hardwood floors. Master metered for electricity. Individually metered for gas. However, the seller pays the gas for the tenants. The are 4 parking spots. The owner collects $150/mo. for parking from units 1, 3 and 6. The building was earthquake retrofitted in 1994. You can't beat the location, close to the Venice Boardwalk, Santa Monica Pier and Muscle Beach.
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 | $2,350,000 |
| Property Type | Multi-Family |
| Usable Sqft | 2,765 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1904 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4226011013 |
| MLS # | 26636345 |
| Property ID | 322508485 |
| Lot Sqft | 2,647 |
| Zoning | LAR3 |
| Total Units | 6 |
| Days on Market | 3 |
| Original List Price | $2,350,000 |
| Date Updated | January 13, 2026 |
| Date Created | January 13, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 0 | 1.00 | $2,143 | $2,250 |
| Unit #2 | 0 | 1.00 | $2,150 | $2,250 |
| Unit #3 | 0 | 1.00 | $1,864 | $2,400 |
| Unit #4 | 0 | 1.00 | $2,074 | $2,400 |
| Unit #5 | 2 | 1.00 | $3,616 | $4,500 |
| Unit #6 | 1 | 1.00 | $2,132 | $2,995 |
| Gross Income (Yr) | $ 173,148 |
| Operating Expenses | $ 54,404 |
| Net Income (Yr) | $ 118,744 |
Listing Provided By
Michael A Salerno an agent of . Lic #01212427
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