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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1034 Pleasantview Venice, CA 90291
$1,900,000 0 beds, 0 baths
0 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

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.

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# SB26159033
List price is $1,900,000
Beds: 0
Baths: 0
None fireplaces
Built in 1987
0.11 acres
Lot size: 0.1064
County: Los Angeles
Parking description: Carport,Gated
Lot description: TwoToFiveUnitsAcre
MLS area: C11 - Venice

Last Updated: 7/23/2026

 Find more Venice homes and real estate

 Find more homes in 90291 zip code

This listing belongs to the C11 - Venice MLS area

Lat/Long: 33.995898, -118.462926.
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Listing Agent: Brett Lyon
Co Listing Agent: Woody Stahl
Lic#: 01717818
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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