← All listings
![1034 Pleasantview]()
1034 Pleasantview
Triplex 
Print
1034 Pleasantview 
$1,900,000
Offered at
Venice, CA 90291
Los Angeles County
9
Beds
6
Baths
3,720
Sq Ft
4,635
Lot Sq Ft
1987
Year Built
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…
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.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Cooling
- Has cooling: No
Appliances
- Laundry: Laundry Closet
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,720 sqft
Property
Parking
- Total spaces: 0
- Garage spaces: 0
Features
- Stories: 2
- Has private pool: No
- Has view: No
Lot
- Size: 0.11 Acres
- Features: Two To Five Units Acre
Details
- Parcel number: 4239016004
Construction
Type & style
- Home type: Residential
- Property subtype: Triplex
Condition
- Year built: 1987
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Lyon Stahl Investment Real Estate, Inc. · Listing Agent: Brett Lyon · 3107801899 · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
Schedule a Showing
Ask about this home
1034 Pleasantview, Venice, CA 90291
951-528-0626
mike@mzhomes.us
mzhomes.us
Text