18 Sunset, Venice, CA 90291
18 Sunset, Venice, CA 90291
18 Sunset, Venice, CA 90291
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Brian Ging, DRE #01843240 • Realty Network
$2,495,000
Est. payment /mo
3,600 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26162423

Year Built 1973

Lot Size 3,600 Sqft

Source California Regional MLS

Property Description

18 Sunset Ave is a rare six-unit, ocean-view apartment building on one of Venice Beach's most coveted residential blocks. It's boardwalk-adjacent and just steps from the sand. Every one of its six units enjoys beautiful ocean views, an amenity effectively impossible to replicate in Venice's supply-constrained coastal core. Built in 1973 and diversified across two studios, two one-bedrooms, and two two-bedroom/two-bath residences. The one- and two-bedroom homes feature gas fireplaces, and the property is 100% occupied by a stable, long-tenured resident base, averaging nearly fifteen years in residence, including two residents of more than two decades. All six units are subject to the City of Los Angeles Rent Stabilization Ordinance. Its mandatory soft-story seismic retrofit is complete, with a City of Los Angeles LADBS Certificate of Compliance issued in 2018. On-site garage parking with 9 spots (a genuine rarity this close to the ocean) adds tenant appeal. Utility responsibility is split: Units 2, 3, 5 and 6 are separately metered and tenant-paid for both gas and electricity, while the owner pays water and sewer for the entire building, common-area electricity, and the gas and electricity serving Units 1, 4 and the laundry. In-place scheduled rent is $190,045 annually, deliver

Location

State CA

County Los Angeles

Area C11 - Venice

Rooms

Kitchen Dishwasher, Oven Range - Electric, Oven - Electric

Interior

Heating Radiant

Cooling Window / Wall Unit

Flooring Laminate

Laundry Laundry Area

Exterior

Parking Features Assigned Spaces, Garage

Garage Spaces 9.0

Pool 31, None

View Ocean

Building

Water District - Public

Others

Tax ID 4286023001

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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18 Sunset

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