www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27059348
27059350

1904 Pacific Ave, Los Angeles, CA 90291

DH
CA CA 01198240
Don Heller Group | Christie's International Real Estate AKG
Listed by Don Heller Group | Christie's International Real Estate AKG
$1,750,000
266 days on market
Updated 81 days ago

1904 Pacific Ave Venice, CA

Details
APN 4238-022-012
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 2,528
Units 4
Cap Rate 4.10%
NOI $71,902
Occupancy 100%
Year Built 1965
Buildings 1
Lot Size (SqFt) 2,725
Zoning LAR3

1904 Pacific Avenue | Venice, CA

Marketing description

Presenting 1904 Pacific Avenue, a 4-unit multifamily property ideally located in the heart of Venice, just one block from the beach. The unit mix consists of two studios and two 2-bed/2-bath units, providing a balanced blend of rental options for strong tenant demand. Fully occupied and well-positioned, this property offers immediate income with exceptional potential for redevelopment, repositioning, or long-term hold—capitalizing on enduring coastal appeal in one of Los Angeles’ most sought-after rental markets.

Unlike neighboring Santa Monica, where restrictive rent control caps long-term upside, Venice is governed by the City of Los Angeles, allowing comparatively greater flexibility for rent growth. Investors can also explore ADU additions, redevelopment, or strategic repositioning, balancing stability with meaningful income growth potential.

Steps from the sand and the iconic Venice Boardwalk, tenants enjoy proximity to Abbot Kinney, Rose Avenue, and an array of renowned dining destinations including Ospi, Kassi Rooftop, Si! Mon, Great White, Ggiata, and Belles Beach House. This prime location ensures consistent tenant demand and long-term appreciation.

While available individually, 1904 Pacific may also be acquired as part of a rare 17-unit, 5-parcel multifamily portfolio on Pacific Avenue—offering investors the opportunity to control a sizable footprint in Venice.

Showings are available only with an accepted LOI or offer. Please do not disturb tenants.

Investment highlights

  • Prime Location: 4-unit multifamily property in the heart of Venice, just one block from the beach.

  • Unit Mix: Two studios/1-bath + two 2-bed/2-bath units, offering diverse rental options.

  • Income Producing: Fully occupied, providing immediate rental income.

  • Value-Add Potential: Opportunities for redevelopment, repositioning, ADU additions, or long-term hold.

  • Regulatory Advantage: Governed by the City of Los Angeles (not Santa Monica), allowing greater rent growth flexibility.

  • Tenant Appeal: Steps from the sand, Venice Boardwalk, Abbot Kinney, Rose Avenue, and top dining destinations (Ospi, Kassi Rooftop, Si! Mon, Great White, Ggiata, Belles Beach House).

  • Investment Scale: Available individually or as part of a rare 17-unit, 5-parcel multifamily portfolio on Pacific Avenue.

Listing Contacts

DH
CA CA 01198240
Don Heller Group | Christie's International Real Estate AKG
Listed by Don Heller Group | Christie's International Real Estate AKG

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,902.00
$5,991.83/mo

Valuation Metrics

0
DSCR
4.11%
Cap Rate
4.11%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Donald Heller
License
CA 01198240
Brokerage
Christie's International Real Estate Socal
Brokerage Phone
424-655-3867
Title
Real Estate Agent
Brokerage Address
11911 San Vicente Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591