1922 Canal Street

Venice, CA 90291

$1,995,000
Price
3
Beds
3
Baths
2,124 Sq. Ft.
$939 / Sq. Ft.
2,124
Sq. Ft.
$939
per Sq. Ft.

Description

Ideally situated on a tranquil street near the Venice Canals, Ocean Front Walk, and Abbot Kinney Blvd, 1922 Canal St is a duplex with a vacant, fully remodeled 2 bed/2 bath unit on the second floor, and a 1 bed/1 bath, tenant occupied first floor unit with it's own private back patio/yard. Walk up the stairs to a spacious 1,202 sq ft open concept, tastefully updated dwelling with quartz countertops, luxury vinyl flooring, stainless steel appliances, LED lighting, and renovated bathrooms. Two balconies...Ideally situated on a tranquil street near the Venice Canals, Ocean Front Walk, and Abbot Kinney Blvd, 1922 Canal St is a duplex with a vacant, fully remodeled 2 bed/2 bath unit on the second floor, and a 1 bed/1 bath, tenant occupied first floor unit with it's own private back patio/yard. Walk up the stairs to a spacious 1,202 sq ft open concept, tastefully updated dwelling with quartz countertops, luxury vinyl flooring, stainless steel appliances, LED lighting, and renovated bathrooms. Two balconies flank the front and back ...a large front balcony off the living space, perfect for outdoor entertaining and dining. The rear balcony is off the primary bedroom. The unit is also outfitted with stacked washer/dryer and a direct access one car garage. With a driveway large enough to accommodate off street parking for two vehicles, there is the ability to add value through an ADU in the existing garages. Built in 1980, not subject to la rso.
  1. Listed by Daniel Shieh • DRE #01978847 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
  2. Listed by Molly First • DRE #02065583 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 1922 Canal Street

Zoning
LARD2
Parcel Number
4238023016
Total Units
2.0
Living Area
2124
Source Living Area
Vendor Enhanced
Area
Venice (C11)
Vacancy Rate
5290
Lot Size Area
2992

Open Houses

Sunday, May 5th

1:00 PM - 4:00 PM

PublicView Details

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Daniel Shieh, DRE #01978847; Lyon Stahl Investment Real Estate, Inc., Molly First, DRE #02065583
Add your commute
LISTING UPDATED: 04/30/2024 02:13 PM

Property Details for 1922 Canal Street

StatusActive
MLS #24-382268
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1980
Lot Size0.07 AC / 2,992 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Daniel Shieh, DRE #01978847; Lyon Stahl Investment Real Estate, Inc., Molly First, DRE #02065583
Add your commute

Building Information for 1922 Canal Street

Stories2Residences-Year Built1980Building Size-Lot Size0.07 AC / 2,992 SF

Payment Calculator

$12,042 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

$1,154

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1922 Canal Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 1 and 2 bed
  • Entry Floor Number: 1
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $105,792
  • Net Operating Income: $69,720.00
  • Gross Income: $8,821
  • Cap Rate: 3.50%
  • Gross Rent Multiplier: $17.50
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 30782
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0687
  • Lot Size Square Feet: 2992
  • Lot Size Dimensions: 30x90
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage Is Attached, Garage - 2 Car, Direct Entrance, Driveway
  • Total Parking: 6
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door, Direct Garage Access, Driveway
  • Attached Garage: Yes
Interior Features
Interior Features
  • Room Type: Primary Bathroom
  • Rooms: Patio Open, Dining Area, Master Bedroom
  • Levels: Multi/Split
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: None
  • Cooling Type: None
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator
  • Kitchen Features: Quartz Counters
  • Room Bathroom Features: Shower in Tub
  • Bathroom Features: Shower and Tub
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Gas, Range Hood, Range
  • Laundry: Laundry Closet Stacked
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-21-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,321.00
  • Unit Actual Rent: $3,321.00
  • Unit Projected Rent: $3,995.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,495.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,495.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $301,815.00
  • Assessed Improvement Percent: 26.7
  • Assessed Land Value: $828,523.00
  • Assessed Land Percent: 73.3
  • Assessed Total Value: $1,130,338.00

Property History for 1922 Canal Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1922 Canal Street

Taxable ValueLand$828,523Additions$301,815Total$1,130,338
Tax Record2023$13,848 ($1,154 / month)
Home Facts
Total Finished SqFt2,124 SqFtAbove Grade Finished SqFt2,124 SqFtStories1Lot Size2,992 SqFtStyleDuplexYear Built1980ZoningLARD2CountyLOS ANGELESAPN4238-023-016

Schools near 1922 Canal Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Venice Senior High School
Public9 to 12

Westside Global Awareness Magnet
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1922 Canal Street is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on April 21, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,995,000. It has been on the market for a total of 14 days and was last sold on February 10, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Westminster Avenue Elementary School, Mark Twain Middle School and World Languages Magnet and Venice Senior High School. 1922 Canal Street is a 3-bed, 3-bath, 2,124 sqft multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Daniel Shieh, DRE #01978847; Lyon Stahl Investment Real Estate, Inc., Molly First, DRE #02065583

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.