Venice Beach Multifamily Broker

Whether you’re selling a boutique apartment building near Abbot Kinney or a mixed-use multifamily asset closer to the beach, we advise owners on pricing and buyer strategy in Venice’s highly localized, lifestyle-driven investment market.

Venice Beach Multifamily Market Snapshot

Venice is one of the most distinctive multifamily submarkets in Los Angeles, positioned at the center of Silicon Beach and defined by its coastal location, walkability, and lifestyle-driven tenant demand. Asking rents in Venice rank among the highest in the region, averaging approximately $3,400+ per unit, well above the broader Los Angeles average, reflecting the area’s proximity to major tech employers and beach-adjacent appeal.

The submarket is characterized by limited inventory and small-to-mid-sized apartment buildings, many of which appeal to long-term holders, owner-users, and family investors. While recent development has introduced a wave of new supply, overall vacancy remains relatively contained at approximately 5–6%, and new construction represents a modest percentage of total inventory when viewed over a longer time horizon.

Investment activity in Venice remains steady, with an average of 20+ multifamily transactions annually and pricing driven more by location, asset quality, and long-term value than short-term yield. Buyer demand tends to favor well-located properties near Abbot Kinney, the beach, and key residential corridors, where scarcity and neighborhood character continue to support pricing through market cycles.

Because Venice assets vary widely in zoning, unit mix, and tenant profile, accurate valuation and targeted buyer outreach are critical to navigating this highly localized and competitive multifamily market.

AVG CAP RATE

4.4% - 4.8%

AVG PRICE PER UNIT

$420,000 - $530,000

VACANCY RATE

5.9%

RENTAL GROWTH

0.3% YoY

Our Recent Multifamily Sales in Venice Beach

2201 Ocean Ave, Venice, CA 90291

Sold for $4,750,000 | 10 Units Built in 1975

The Glaser Group represented the seller in the sale of 2201 Ocean Avenue, a 10-unit multifamily property in Venice located just blocks from the beach and steps from the Venice Canals. Offered for the first time in nearly two decades, the asset featured ten large townhome-style units with ocean and skyline views, extensive parking, and long-term repositioning potential.

The seller, a long-term owner who inherited the property, worked closely with our team over several years as market conditions evolved. When the decision was made to sell, we advised on timing, pricing, and positioning to maximize value for a generational coastal asset. The buyer, a seasoned multifamily operator, identified the property as a rare opportunity to reposition an irreplaceable Venice location.

The transaction reflected strong demand for well-located value-add multifamily assets in Venice, supported by assumable fixed-rate debt and meaningful upside in rents. This sale highlights the importance of long-term advisory relationships and targeted buyer outreach in one of Los Angeles’ most competitive coastal submarkets.

11 19th Ave, Venice, CA 90291

Sold for $2,600,000 | 3 Units Built in 1971

The Glaser Group represented both parties in the sale of 11 19th Avenue, a triplex multifamily property in Venice located along the Historic Venice Walk Streets near Muscle Beach, with ocean views and strong lifestyle appeal. The property features a unique unit mix, including a one-bedroom plus loft, a two-bedroom plus loft, and a studio, all benefiting from extensive luxury upgrades and minimal deferred maintenance.

The seller, a long-term multifamily owner liquidating a portfolio after decades of ownership, selected our team based on our Westside multifamily track record, strategic approach, and clear communication. The buyers, two U.S. Army veterans and first-time multifamily investors, acquired the property with plans for owner occupancy, combining investment fundamentals with personal use.

The transaction required careful coordination to address financing timing, and our team structured a strategic solution that allowed the seller to resolve an outstanding loan obligation and close smoothly. This sale highlights the importance of precise execution and market-specific expertise when transacting in Venice’s highly competitive coastal multifamily market.

20 19th Ave, Venice, CA 90291

Sold for $1,625,000 | 4 Units Built in 1908

The Glaser Group represented both parties in the sale of 20 19th Avenue, a four-unit multifamily property in Venice located along the Historic Venice Walk Streets, just steps from Muscle Beach and the Pacific Ocean. The property consists of four one-bedroom, one-bath units and benefits from extensive upgrades, minimal deferred maintenance, and strong coastal appeal in one of Venice’s most recognizable micro-locations.

The seller, a longtime multifamily owner in the process of liquidating a larger portfolio, partnered with our team to execute a timely and well-coordinated sale. The buyers, out-of-state investors completing their first multifamily acquisition, were drawn to the property’s location, condition, and long-term lifestyle value, with plans for future owner occupancy.

Given the transaction’s timing and financing considerations, our team structured a strategic solution that addressed a pending loan payoff prior to month-end, allowing the deal to close efficiently. This transaction underscores the importance of precise execution, local market knowledge, and creative problem-solving when navigating Venice’s highly competitive coastal multifamily market.

See Our Full List of Closings
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Meet Your Venice Beach Multifamily Expert

Jake Glaser: Top 1% Los Angeles Apartment Agent

Jake Glaser is the Principal Broker & Founder of The Glaser Group, specializing in the sale of apartment buildings in Venice & Los Angeles. Jake is one of the highest transacting apartment building brokers in LA, with over $65 million closed in 2025 alone across 35 transactions. He advises his clients in the acquisition and disposition of multifamily properties across the city, ranging from 4-plexes up to large apartment complexes in the $1M - $25M range. In total, he has closed over $215 million of commercial and multifamily volume within LA County, and he is the #1 producing agent at Lyon Stahl Investment Real Estate in Century City.

In addition to multifamily and commercial dispositions, he specializes in 1031 exchanges on a national level, having helped countless clients reposition their portfolios by trading their assets into local and out-of-state multifamily, triple-net, and DST opportunities.

Let’s connect today to start an honest, open dialogue about your unique situation to see how we can better your position, whether it be now or in the future.

Our Team

  • Venice is a highly localized multifamily market where pricing and demand are driven as much by lifestyle and micro-location as by traditional financial metrics. Proximity to the beach, Abbot Kinney, walk streets, and zoning characteristics often have an outsized impact on value, resulting in a market that rewards precise underwriting and neighborhood-level expertise.

  • Venice multifamily inventory is dominated by smaller apartment buildings, triplexes, fourplexes, and mixed-use properties. Many assets feature unique layouts, architectural character, or non-standard zoning, which can create both opportunity and complexity for buyers and sellers.

  • Buyers in Venice often include long-term private investors, family legacy buyers, and owner-users seeking a combination of investment income and lifestyle value. Demand is particularly strong for well-located properties near the beach, walk streets, and Abbot Kinney, where scarcity supports pricing across market cycles.

  • Valuation in Venice is influenced by a mix of in-place income, comparable sales, price-per-unit metrics, and location-specific factors. Unlike more uniform submarkets, Venice properties can vary widely in unit mix and zoning, making market knowledge and deal-level analysis critical to accurate pricing.

  • Owners should consider how location, tenant profile, zoning, and property condition align with current buyer demand. Because Venice attracts a targeted and experienced buyer pool, working with a broker who understands neighborhood nuances and maintains strong buyer relationships can significantly impact pricing and execution.

Frequently Asked Questions About Venice Beach Multifamily

  • “Jake & his team assisted me with a complex multifamily property 1031 Exchange. Jake got me out of heavily demanding downleg properties into hands off NNN trophy properties on the upleg. He handled so many uncontrollable variables with great professionalism, and made the whole process as smooth as possible. Because of Jake and his expansive contacts and foresight, we closed my 1031 Exchange 90 days early and have already started to reap the rewards of monthly rental income that much sooner. I would highly recommend Jake & his team to assist anyone with their real estate needs.”

    — Matt Schneider, Casablanca Property Management

  • "Our experience with Jake Glaser could not have been better. From the start of the listing to the close was about 5 weeks. He was always available when we called and answered all our questions quickly and comprehensively. We give him the highest marks for professionalism. Thank you, Jake."

    — Dana Waldhorn, Family Trust

  • "Jake did an excellent job of representing the seller, managing the transaction, coordinating the due diligence, overseeing escrow and the delivery of all documents, etc. that ultimately resulted in a smooth and efficient closing in a very rapid time frame. In addition, his social media and Twitter skills are legendary and inspiring."

    — Jerry Fink, The Bascom Group

  • "Jake Glaser represented my family with the sale of a complicated multifamily property and was nothing short of amazing. From our very first meeting to after the close of the sale, he was easy to work with and beyond responsive, including emails at 1AM! He had buyers within the first week without even hitting MLS. We are so grateful for his hard work, his ability to listen and navigate multiple family members, and his expertise. We will definitely look to him again for future sales."

    — Cathy Flores, Family Trust

  • “We were extremely pleased with the excellent job by Jake on our transaction. He represented us on the purchase of our new multifamily property in Beverly Grove, and his deep understanding of the local market and negotiation skills put us in the best possible position. He was a great communicator, easy to work with, and always put our interests first. I would recommend him to anyone looking to buy or sell LA multifamily.”

    — Daniel Golchian, Physician and CRE Investor

  • "I would highly recommend Jake to anyone that has an investment property in the greater Fairfax/Hollywood area they wish to sell. He works hard to find a buyer for the property, trying all kinds of marketing solutions. He also is great at keeping sellers up to date on what is happening in the marketplace."

    — Edie Brodsky, Retired Realtor & Investor

  • "Jake was our sales broker for two multifamily apartment buildings (8 & 4 plex) in the East Side of LA. My brother, sister and I vetted several brokers and we all felt that Jake was much more service oriented (vs. transactional). Jake is easy to work with, always available, extremely responsive and patient (had to deal with three strong willed siblings)."

    — Juan Garcia, Family Trust

  • "Jake Glaser has represented me exclusively on my last few single tenant NNN acquisitions. He is extremely easy-going but has great follow through and gets results and answers for me. He’s also consulted for me on other NNN related matters even when he couldn’t represent me. I think integrity and perseverance are really important qualities in a real estate broker and that’s why I feel most comfortable having Jake represent me. I also feel like I benefit from Jake’s connection to the nationwide network of Matthews agents, which helps us make informed decisions when considering opportunities across the entire country."

    — David Mozes, CRE Investor & Restaurateur

  • “We really appreciated the time and effort taken to get to know my family and our particular needs. Jake was always willing to answer any of our questions and concerns and patient enough to understand that the worry we felt while going through the 1031 process was normal. Jake and his partner Dan really did help us find exactly what we were looking for. Thank you!”

    — Monica Torres, Family Trust

  • "Jake was incredibly professional and nice to work with! In today's world, finding a honest broker is always worth mentioning. I whole heartedly recommend Jake!"

    — Rod Goldberg, Dadson Laundry

  • “I had the pleasure of having Jake Glaser sell my property. He was straight forward in his approach, was always available to answer questions, and did a wonderful job throughout escrow. It was as smooth transition and he comes highly recommended.”

    — Yaniv Farbenbloom, Physician and CRE Investor/Syndicator

  • "Jake was a knowledgeable advocate in the sale of the property. He provided helpful guidance throughout the entire sale process. He was always available when questions arose, and went beyond the extra mile whenever necessary."

    — Anthony Stein, Family Trust

  • “I used Jake Glaser to sell our beloved 5-unit apartment building in Los Angeles. He made the process so easy, was beyond calm during every little thing that came up, and got us the most money for our property. I would definitely (and already have) recommend Jake and Matthews™ to anyone selling a multi-unit...As I told Jake at the end “let’s do this again!” 

    — Kristin Stanley, Private Investor

  • “Jake Glaser represented our acquisition of a multifamily property in Los Angeles. Jake’s experience and expertise helped make the transaction enjoyable, easy and fast. He made himself available at all times for us, while going above and beyond to assist us with everything needed. Jake is always factual and accurate and always had our best interests in mind. His responses were always immediate and our communication was excellent.”

    — Aryeh Hoffman, Hoffman Brothers Realty

  • "Jake was highly responsive and had strong knowledge of various real estate topics."

    — CT Tsui, Multifamily Developer

  • “We had a great experience with Jake and are very grateful for his help. We would definitely want his help again in the future.”

    — Lida Aghakhanyan, Private Investor

Curious what an apartment building in Venice Beach could sell for?

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Looking for multifamily expertise beyond West Hollywood? Visit our Los Angeles Multifamily Broker page to explore other submarkets we serve.