No LA submarket compounds Prop 13 basis divergence faster than Venice. A building purchased in 1990 for $600,000 is often worth multiples of that today.
Coastal proximity. Abbot Kinney. The tech campus pull from Snap and the creative-class cluster that followed. Walk streets. A finite geographic boundary that genuinely cannot expand. The pricing is not a story about cap ...
Read the full seller's guide →Living in townVenice is a coastal neighborhood internationally recognized for the Venice Boardwalk, canal system, Abbot Kinney commercial corridor, and tech employment concentration. Among the most supply-constrained submarkets in coa...
See the full neighborhood profile →Closings3 Sterman Multifamily Group closings in Venice. See the full transaction record.
See all 3 Venice closings →FAQ3 common questions about selling an apartment building in Venice — answered.
Read the full FAQ →Venice pricing is about irreplaceability. You cannot build more Venice. Small multifamily — duplexes, triplexes, fourplexes — dominates the inventory and attracts a unique buyer pool that includes high-net-worth individuals buying for personal reasons as much as for yield.
Michael Sterman will walk through comparables, buyer pool, and timing specific to your building — no obligation, no pitch.
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