$1,595,000
UNDER CONTRACT

1920 Canal St Venice, CA 90291

Venice Neighborhood

Estimated payment $9,641/month

Total Views 1,319
3 Beds
3 Baths
2,012 Sq Ft
$793 Price per Sq Ft

Highlights

  • Laundry Room
  • Back Yard
  • 4-minute walk to Linnie Canal Park
  • Venice High School Rated A

About This Home

Rare Side-by-Side Venice Duplex Opportunity – 1918 & 1920 Canal - Available Individually or Together - $1,595,000 Each 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 for a studio ADU — providing the opportunity to unlock additional rental income or flexible live/work possibilities. 1918 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 (currently rented) and an upstairs 2-bedroom unit, each with in-unit laundry and private outdoor space. The building is non-RSO and includes one approved permit for a studio ADU - ready to unlock additional rental income or flexible live/work possibilities. This property is perfectly suited for an owner-user looking to occupy the upstairs unit while generating income from the others, or for investors seeking reliable returns in a premier coastal location. With Venice rents among the highest on the Westside and demand consistently supported by limited supply, the property offers both short-term cash flow and long-term appreciation in a blue-chip submarket. Drive-by only – please do not disturb occupants. Contact for OM.

Listing Agent

Justin Seigel

ADR/Preferred Bus.Prop Brokerage Phone: 818-599-6466 License #02104699 Listed on: 03/20/2026

Co-Listing Agent

Karla Cisneros

Nansco Management Inc. Brokerage Phone: 818-599-6466 License #01423383

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 2,992 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 22 / 11
  • Tax Tract Number 2735
  • Assessor Parcel Number 4238023015
  • $327 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,500
  • Operating Expense $28,890
  • Gross Income $90,792
  • Net Operating Income $59,178

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

2,992 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 3.71
  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4238023015
  • Year Built: 1979
  • Special Features: UnderContract

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 792.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 2992.00
  • Lot Size Acres: 0.0687
  • Latitude Manual: 33.98614300

Multi Family

  • Gross Income: 90792.00
  • Gross Scheduled Income: 88068.00
  • Insurance Expense: 4500.00
  • Lot Size Area: 2992.0000 Square Feet
  • Net Operating Income: 59178.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 28890.00
  • Rent Control: No
  • Total Expenses: 28890.00

Tax Info

  • Tax Block: 11
  • Tax Lot: 22
  • Tax Tract Number: 2735
  • TaxOtherAnnualAssessmentAmount: 327.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,122 $1,176,002 $861,994 $314,008
2024 $14,122 $1,152,944 $845,093 $307,851
2023 $13,851 $1,130,338 $828,523 $301,815
2022 $13,208 $1,108,176 $812,278 $295,898
2021 $13,042 $1,086,448 $796,351 $290,097
2019 $12,651 $1,716,660 $1,560,600 $156,060
2018 $12,584 $1,033,556 $757,581 $275,975
2016 $12,033 $993,423 $728,164 $265,259
2015 $11,856 $978,502 $717,227 $261,275
2014 $11,900 $959,335 $703,178 $256,157
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 For Sale $1,595,000 -- $793 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $954,500 Provident Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR26061255

California Regional Multiple Listing Service (CRMLS)

APN: 4238-023-015

California Los Angeles County Venice 90291 Venice

1920 Canal St, Venice, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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