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27331920
27330089

Confidential, Los Angeles, CA 90291

HJ
CO EA100083850
US Hotel Advisors
Listed by US Hotel Advisors
$3,999,000
269 days on market
Updated 81 days ago

RTI Venice Multifamily on Ocean Front Walk

Details
APN 4286027008
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,800
Net Rentable (SqFt) 4,800
Units 8
Cap Rate 4.50%
Pro-Forma Cap Rate 4.50%
Pro-Forma NOI $350,400
Price per SqFt $833
Broker Co-Op Yes
Class A
Year Built 1908
Year Renovated 2026
Buildings 2
Stories 2
Lot Size (SqFt) 4,505
Zoning C1-1
Investment Type Redevelopment
Ground Lease No

RTI 8-Unit Venice Multifamily on Ocean Front Walk | 4.5% Cap Rate

Marketing description

Exceptional investment opportunity in a fully entitled, RTI 8-unit multifamily property, each featuring one bedroom and one bathroom. Designed by the acclaimed Reed Architectural Group, the project is a complete down-to-the-studs renovation that will deliver a like-new building upon completion. All units are planned with modern layouts, upgraded systems, and high-quality finishes to maximize durability and tenant appeal. A comprehensive construction bid and all supporting documentation are available to qualified parties with an executed NDA. The property is positioned to capture strong rental demand in a supply-constrained market, with projected performance at a stabilized 4.5% cap rate. With permits and approvals secured, investors can immediately proceed into the build phase without entitlement risk. Once completed, the building will stand as a turnkey, low-maintenance asset with reliable income and long-term upside. This is a rare chance to acquire a thoughtfully designed multifamily property with clear value-add and streamlined execution.

Investment highlights

  • Only new construction Multifamily project available in YEARS on Ocean Front Walk

  • Fully RTI 8-unit multifamily project

  • All units one-bedroom / one-bathroom layouts

  • Designed by Reed Architectural Group, pioneers of Venice modern architecture

  • Complete down-to-the-studs renovation — brand-new systems, interiors, and finishes

  • Comprehensive construction bid and documentation available with executed NDA

  • Strong projected performance with a stabilized 4.5% cap rate

  • Prime location on Ocean Front Walk with direct beach access and high tenant demand

  • Streamlined execution with entitlements in place

  • Rare opportunity to acquire a Venice multifamily property with design pedigree and immediate value-add

Listing Contacts

HJ
CO EA100083850
US Hotel Advisors
Listed by US Hotel Advisors

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Zoning

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RD1.5-1 ResidentialMulti FamilyRestricted Density Multiple Dwelling
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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