Venice
Venice, California (Venice Beach) is one of Los Angeles’ most iconic and highly sought-after neighborhoods for real estate investors and homeowners alike. Known for its unique blend of beachfront lifestyle, creative culture, and strong rental demand, Venice offers an exceptional mix of lifestyle and long-term investment potential on the Westside of Los Angeles.
The neighborhood’s crown jewel, Abbot Kinney Boulevard, is lined with trendy restaurants, boutique shops, art galleries, and wellness destinations, driving consistent foot traffic and premium rental rates.
Venice features two of LA’s most recognizable landmarks — the vibrant Venice Beach Boardwalk and the historic Venice Canals. The area appeals to a diverse tenant base, including young professionals, creatives, tech workers, and affluent families who value the coastal lifestyle and walkability.
Bordered by Santa Monica to the north, Marina del Rey to the south, and Mar Vista to the east, Venice benefits from excellent access to major freeways, LAX, and the entire Westside. Its limited supply of housing combined with high demand has made it a resilient and high-performing multifamily market, known for strong appreciation and premium rents.
2025 Venice Multifamily Market Statistics at a Glance
Venice, California Annual Multifamily Apartment Building Sales Statistics*
Buildings Sold: 19
Avg. Sale Price: $2,585,526
Avg. Price/Unit: $518,731
Avg. Months to Sale: 7.6 mos
Avg. Price/SF: $579
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Average Rent vs Vacancy Rate- Historical & Estimated
2025 Q3: Venice, California Multifamily Average Rent: $3,527 Average Vacancy Rate: 3.8%Average GRM and Cap Rate- Historical
2025: Venice, California multifamily apartment sales average GRM: 14.1 , Cap Rate 6.0%Number of Multifamily Buildings Sold- Historical
2025: Venice, California multifamily apartment sales total buildings Sold: 19Average Price/Unit and Price/SF- Historical
2025: Venice, California multifamily apartment sales average Price/Unit Sold: $518,731 Price/SF Sold: $579Historical and estimated market statistics for the Venice, California multifamily apartment building submarket. The graphs above show the average Price/Unit, Price/SF, GRM, Cap Rate, Rent and Vacancy for Venice multifamily apartment buildings for the years 2020-2025. *All data has been obtained from CoStar. Jake Plewa, the Taksa Investment Group and ReMax Commercial cannot guarantee the accuracy of the data above. The graphs and statistics are for information purposes only. Los Angeles Apartment Brokerage Services
We are a full-service real estate brokerage specializing in Los Angeles apartment building sales and multifamily transactions. With a powerful nationwide network of lenders, brokers, and industry professionals, we deliver exceptional results for apartment building owners and investors both locally in Greater Los Angeles and across the United States.
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Our experienced team delivers accurate apartment building valuations and multifamily property valuations throughout Venice and Los Angeles. Using in-depth market analysis and recent comparable sales (comps), we help apartment owners determine true market value — ideal for inherited buildings, estate planning, or tax purposes.
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Our experienced team specializes in representing sellers of Venice and Los Angeles apartment buildings and multifamily properties. We provide unmatched buyer exposure through our nationwide network, strategic marketing on LoopNet, CoStar, CREXi, and MLS, and targeted campaigns that attract serious investors fast.
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Whether you're completing a 1031 exchange or seeking a passive investment, our nationwide network connects you with premium NNN properties, triple net lease investments, and high-quality single-tenant replacement properties. We help you find the right assets for steady cash flow and minimal management, backed by deep relationships across the U.S.