PORTFOLIO SALE: 11 19TH AVE (3 UNITS), 20 19th AVE (4 UNITS) & 11 20th AVE (3 UNITS) PROPERTIES CAN BE SOLD TOGETHER OR SEPARATELY. .. . 20 19th Ave, a charming 4-plex investment opportunity right in the heart of Venice on a "Walk-Street", just steps away from the beach. This 2,328 square foot property features four bright 1-bedroom / 1-bathroom units with two units on each floor. Current ownership has held the property for almost 40 years and has made significant capital investments into the asset. Three of the four units have been tastefully renovated with wood flooring, recessed lighting in two, and upgraded kitchens & bathrooms. Almost the entire property is redwood construction (except the deck which has supports and steps that were replaced with redwood). The roof is approximately 7 years old and utilizes fireproof composite material. Electrical wiring and plumbing have also been replaced (now copper). Working gas lines were installed in the four wood-burning fireplaces. Lastly, one of the upstairs units was upgraded with A/C. All of the units come with ample outdoor space, with the upstairs units sharing a large sundeck, and the downstairs units sharing a private & fenced front yard along 19th Ave with beautiful landscaping. Additionally, there are four uncovered parking spaces in the back of the lot, one stall for each unit. There is also a community laundry room on the property, which provides additional monthly income. The building's location is unbeatable, just a few parcels over from the Venice Boardwalk and Muscle Beach.
Multi-familyProperty Type
1908Year Built
2,640 sq ftLot Size
$915Est. Price/Sq.Ft.
4 spacesParking
Listed by Jake Glaser•DRE #02128816• Lyon Stahl Investment Real Estate, Inc.
•310-494-6368 (agent)
•jake@lyonstahl.com (agent)
Bought with Jake Glaser•DRE #02128816• Lyon Stahl Investment Real Estate, Inc.
Bought with Spencer Chan•DRE #02197531• Lyon Stahl Investment Real Estate, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
2,640 Sq. Ft.
Year renovated
1968
Sq. Ft.
2,328
Year built
1908
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
4226012024
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Sep 30, 2022 • Final
Electrical
Install new LED recessed lighting.
Electrical
Apr 9, 2013 • Final
Bldg-alter/repair
Reroof a residential building with composition shingles over existing solid sheathing.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
Uncovered
Parking
# of Parking Spaces (Total): 4
# of Open Other Spaces: 4
Interior
Laundry Information
Community Laundry
Heating & Cooling
No Cooling
No Heat
Multi-Unit Income
Gross Income: 116472
Gross Operating Income: $114,058
Net Operating Income: $81,490
Multi-Unit Expenses
Total Annual Expense: $32,568
Multi-Unit Other Financial Information
Cap Rate: 4.66
Gross Rent Multiplier: 15.03
Scheduled Actual: Actual
Multi-Unit Information
Owner Pays: Water, Gardener
Tenant Pays: Gas, Electric
Unit Type Type: 1, 2, 3, 4
Type Of Units: 1+1
# of Buildings: 1
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $2,379
Projected Rent: $3,500
Actual Rent: $2,379
# of Units: 1
Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $2,481
Projected Rent: $3,500
Actual Rent: $2,481
# of Units: 1
Unit 3 Information
# of Beds: 1
# of Baths: 1.00
Rent: $2,340
Projected Rent: $3,500
Actual Rent: $2,340
# of Units: 1
Unit 4 Information
# of Beds: 1
# of Baths: 1.00
Rent: $2,506
Projected Rent: $3,500
Actual Rent: $2,506
# of Units: 1
Exterior
Building Information
Total Floors: 2
Two Level
Exterior Features
Patio Features: Deck(s)
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 2,640
Lot Size (Acres): 0.0606
Zoning: LAR3
Financial
Assessment Information
Assessed Total Value: $687,020
Assessed Land Value: $320,611
Assessed Land %: 46.67
Assessed Improvement Value: $366,409
Assessed Improvement %: 53.33
Assessor Parcel Number: 4226-012-024
Lease Information
Tenant Pays: Gas, Electric
Location
Community Information
# of Units in Complex (Total): 4
Location Information
Directions: Property is located on the South side of 19th Ave walk street, 3 parcels up from Speedway.
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,328
Stories: —
Lot Size: 2,640 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1908
Year Renovated: 1968
County: Los Angeles County
APN: 4226012024
Home facts updated by county records on Oct 6, 2026
Other
Documents & Disclosures
Disclosures: None
Co Selling Agent Information
First Name: Spencer
Last Name: Chan
License #: 02197531
Around this home
Schools
Westminster Avenue Elementary School
Public K-5 • Assigned • 0.4mi
7/10
Mark Twain Middle School and World Languages Magnet
Public 6-8 • Assigned • 1.9mi
8/10
Venice Senior High School
Public 9-12 • Assigned • 1.7mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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