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2220 Brenta Place

Venice, CA 90291
  • $2,800,000
  • STATUS: Active
  • ON SITE: 262 Days
  • MLS #: SB24135676
UPDATED: 123 min ago
$2,800,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Area:

School Ratings & Info

Listing Agent(s): Stephen Lampe of Re/Max Commercial & Investment (310 802-2500)


Description

2220 Brenta Place in Venice, CA, is a charming 1950s apartment complex situated on a quiet side street off Venice Boulevard. The property features eight units, all of which are 1-bedroom/1-bath. Four of the units are rented close to market rates, while the other four offer significant upside potential. Tenants are responsible for their own gas and electric utilities. Additionally, the property is adjacent to a 15-unit building also for sale by the same owner, located at 923-933 Venice Blvd. The zoning is R3 TOC Tier 3, allowing for a maximum of up to 12 units.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/152252683
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2220 Brenta Place Venice, CA 90291

  • Price: $2,800,000
  • Status: Active
  • On Site: 262 Days
  • Updated: 123 min ago
  • MLS #: SB24135676
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1953
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
2220 Brenta Place in Venice, CA, is a charming 1950s apartment complex situated on a quiet side street off Venice Boulevard. The property features eight units, all of which are 1-bedroom/1-bath. Four of the units are rented close to market rates, while the other four offer significant upside potential. Tenants are responsible for their own gas and electric utilities. Additionally, the property is adjacent to a 15-unit building also for sale by the same owner, located at 923-933 Venice Blvd. The zoning is R3 TOC Tier 3, allowing for a maximum of up to 12 units.
Exterior Features

Carport Spaces 0 Entry Level 1 Entry Location Ground and Stairs Fencing None Lot Features Irregular LotLandscapedStreet Level Number Of Separate Electric Meters 8 Open Parking Spaces 0 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Cap Rate 3.57 Common Interest Community Apartment Community Features CurbsGutter(s)Sidewalks Electric Expense 4000 Fuel Expense 0 Garage YN No Gross Income 172796 Gross Scheduled Income 172796 Insurance Expense 6375 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Maintenance Expense 5674 Net Operating Income 100031 New Construction YN No New Taxes Expense 33572 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 69309 Other Expense 853 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 1933 Tenant Pays Cable TVElectricityGas Total Actual Rent 14400 Trash Expense 1724 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 3456 Water Sewer Expense 4095 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Stephen Lampe of Re/Max Commercial & Investment (310 802-2500)