504 Grand Blvd is a prime 6-unit apartment building in the heart of Venice, just steps from the iconic Venice sign and popular retail and dining spots. The 3, 240 SF building sits on a 4, 497 SF lot and features (6) 1-bed/1-bath units, along with 6 dedicated parking spacesan invaluable asset in this high-demand area. This well-located property offers strong rental income potential in one of LAs most vibrant coastal communities, making it an excellent investment opportunity.
Property Features
Bedrooms
Appliances
- Laundry Features: Common Area
Bathrooms
Land Info
- Lot Description: 6-10 Units/Acre
- Lot Size Acres: 0.1032369
- Lot Size Source: Assessor
- Lot Size Square Feet: 4497
Garage and Parking
Multi-Unit Info
- Number of Units: 6
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 1
- Bedrooms in Unit-3: 1
- Bedrooms in Unit-4: 1
- Bedrooms in Unit-5: 1
- Bedrooms in Unit-6: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-4: 1
- Total Bathrooms in Unit-5: 1
- Total Bathrooms in Unit-6: 1
Homeowners Association
- Gardener Expense: 1200.00
- Maintenance Expense: 4818.00
Rental Info
- Vacancy Allowance: 4818
- Rent Control: Yes
Amenities and Community Features
- Community Features: Biking
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Other Expense: 5100.00
- Source Property Type: Residential Income
- Area: C11 - Venice
- Source Neighborhood: C11 - Venice
- New Taxes Expense: 34375.00
- Number of Separate Electric Meters: 6
- Number of Separate Gas Meters: 6
- Number of Separate Water Meters: 1
- Parcel Number: 4238019002
- Postal Code Plus 4: 4256
- Professional Management Expense: 8029.00
- Zoning: LARD1.5
- Source System Name: C2C
Commercial Info
- Net Operating Income: 98195.00
Building and Construction
- Total Square Feet Living: 3240
- Year Built: 1957
- Building Features: 1
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: 1
- Property Age: 68
- Property Attached: Yes
- Building Total Stories: 1
- Structure Type: Commercial/Residential
- Year Built Source: Assessor
Utilities
- Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
- Water Source: Public
