1500 Venice Blvd Venice, CA 90291

1985 construction, 9*-unit multifamily apartment building located in the heart of West LAnot subject to City of Los Angeles rent control *Well-maintained property with a brand-new roof first time on the market in over 30 years *Diverse unit-mix of studio, one-bedroom, and two-bedroom floor plans all units equipped with Caesarstone countertops, manufactured wood floor, private balconies, large closets with ample storage, fireplaces, and wall HVAC in each bedroom and living room * Residents benefit from an onsite laundry facility and 15 gated parking spots *Opportunity for a Buyer to achieve 38% in rental upside and an additional ~$79,000 in annual NOI through upgrading the unit interiors to feature stainless steel appliances, in-unit washers and dryers, and revitalizing the exterior with a new paint job