$1,595,000

Estimated payment $9,831/month

Total Views 347
3 Beds
3 Baths
2,012 Sq Ft
$793 Price per Sq Ft

Highlights

  • 2 Car Garage
  • Venice High School Rated A
  • 3-minute walk to Linnie Canal Park

About This Home

Rare opportunity to acquire a side-by-side pair of Venice duplexes - 2008 and 2010 Canal Street - each offered at $1,595,000 and configured as two units plus a permitted ADU. Built in 1979–1980 and zoned RD2-1-O, these neighboring properties sit steps from the iconic Venice Canals, with walkable access to all Venice has to offer. ADU permits and plans are already issued, providing meaningful upside for the value-add investor or owner-operator. Comparable sales in the immediate area support strong per-unit valuations in one of LA's most supply-constrained coastal submarkets. Available individually or as a combined portfolio - contact us for the full Offering Memorandum.

Listing Agent

Justin Seigel

ADR/Preferred Bus.Prop Brokerage Phone: 818-599-6466 License #02104699 Listed on: 06/10/2026

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

  • 3,086 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 26 / 11
  • Tax Tract Number 4238
  • Assessor Parcel Number 4238023019
  • $323 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $28,890
  • Gross Income $96,720
  • Net Operating Income $64,928

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

3,086 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 4.07
  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4238023019
  • Year Built: 1979
  • Special Features: None

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
  • Parking: Yes
  • Parking Features: Garage, Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown, 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3086.00
  • Lot Size Acres: 0.0708
  • Latitude Manual: 33.98586200

Multi Family

  • Gross Income: 96720.00
  • Gross Multiplier: 16.49
  • Gross Operating Income: 93818.00
  • Gross Scheduled Income: 93818.00
  • Lot Size Area: 3086.0000 Square Feet
  • Net Operating Income: 64928.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 28890.00
  • Rent Control: No
  • Total Actual Rent: 8060.00
  • Total Expenses: 28890.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 11
  • Tax Lot: 26
  • Tax Tract Number: 4238
  • TaxOtherAnnualAssessmentAmount: 323.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,287 $1,176,002 $861,994 $314,008
2024 $14,120 $1,152,944 $845,093 $307,851
2023 $13,849 $1,130,338 $828,523 $301,815
2022 $13,207 $1,108,176 $812,278 $295,898
2021 $13,040 $1,086,448 $796,351 $290,097
2020 $13,175 $1,075,309 $788,186 $287,123
2019 $12,649 $1,054,226 $772,732 $281,494
2018 $12,574 $1,033,556 $757,581 $275,975
2016 $12,022 $993,423 $728,164 $265,259
2015 $11,846 $978,502 $717,227 $261,275
2014 $11,890 $959,335 $703,178 $256,157
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2026 06/10/26 For Sale $1,595,000 -- $793 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- Stewart Title Of California
Grant Deed -- Stewart Title Of California
Grant Deed -- None Available
Grant Deed $954,500 Provident Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $653,500 New Conventional
Closed $653,500 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR26126394

California Regional Multiple Listing Service (CRMLS)

APN: 4238-023-019

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