1034 Pleasantview, Venice, CA 90291
Local realty services provided by:CENTURY 21 Coastal Properties
1034 Pleasantview,Venice, CA 90291
$1,925,000
- 9 Beds
- - Baths
- - sq. ft.
- Single family
- Sold
Listed by: brett lyon, woody stahl
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26159060
Source:CRMLS
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Price summary
- Price:$1,925,000
About this home
Situated in the heart of Venice, 1034 Pleasantview Ave presents the opportunity to acquire a well-maintained three-unit multifamily property in one of Los Angeles' most desirable coastal neighborhoods. Built in 1987, the property consists of three spacious 3-bedroom, 2-bathroom units totaling 3,720 square feet on a 4,634 square foot lot. The property's larger floor plans and newer construction provide a highly desirable housing option in a market where demand for quality rental housing remains strong.
Offered at a 4.76% Current CAP Rate and 14.59 Current GRM, the property presents investors with the opportunity to acquire a well-located 1980s-constructed asset that is not subject to Los Angeles City Rent Control (only AB 1482 Statewide Rent Control). The property offers strong long-term income growth potential, achieving a projected 8.22% Pro Forma CAP Rate and 9.60 Pro Forma GRM.
Recent capital improvements further enhance the property's appeal, including Hardie Board exterior siding, dual-pane windows, and a new roof installed in 2022. Additional amenities include in-unit laundry in all three units and gated carport parking with six total parking spaces. Built in 1987, the property offers a newer construction profile than much of the surrounding multifamily inventory, contributing to its long-term appeal and operational efficiency.
Conveniently located just moments from Abbot Kinney Boulevard, Rose Avenue, Venice Beach, and major Westside employment centers, this offering presents an attractive opportunity to acquire a well-positioned multifamily investment in one of Southern California's most sought-after rental markets....
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Home facts
- Year built:1987
- Listing ID #:SB26159060
- Added:99 day(s) ago
- Updated:October 30, 2026 at 07:02 AM
Rooms and interior
- Bedrooms:9
- Full bathrooms:6
Structure and exterior
- Year built:1987
- Levels:2 Story
Schools
- High school:Venice
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,925,000
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