1920 Canal Street - w/ RTI ADU
Multifamily | 2 Units | $797,500/unit
Marketing description
Venice Duplex Opportunity – 1920 Canal - $1,595,000
1920 Canal Street in Venice, CA presents a prime duplex opportunity in one of Los Angeles’ most desirable rental markets. The property features a downstairs 1-bedroom unit and an upstairs 2-bedroom unit, both currently occupied, each with in-unit laundry and private outdoor space. The building is non-RSO and includes one approved permit/plans for an ADU — providing the opportunity to unlock additional rental income or flexible live/work possibilities.
Drive-by only – please do not disturb occupants. Contact for OM.
Investment highlights
· Prime duplex
· Premier Venice Canals Location – high-barrier to entry, strong tenant demand, long-term appreciation
· Approved & Paid ADU Permits – one approved permit for a studio ADU offering immediate rental income expansion
· Flexible Unit Mix – downstairs 1-bedroom + upstairs 2-bedroom
· Non-RSO Properties – no rent control restrictions, full lease strategy flexibility
· Turnkey Amenities – in-unit laundry, private patio/balcony, desirable layouts
· Owner-User or Investor – occupy one unit and lease the others, or hold purely for income and/or develop the permitted ADU
· 1031 Exchange Friendly – stable cash flow with built-in upside
· Venice Market Strength – among the highest rental rates on the Westside; limited competing inventory
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