4916 California Street
- Walkability: Property sits within a 2-minute walk to the Dundee corridor
- Fully occupied, simple unit mix: 100% occupancy across 11 identical 1-bed/1-bath units, each with its own HVAC unit and individually metered electricity billed to tenants
- Recent capital work: The roof was completely replaced in 2021, and the appraiser rated the building in above-average condition with an effective age of 20 years
Property Description
Venice Apartments is an 11-unit, three-story garden-style building at 4916 California Street in Omaha's Dundee neighborhood. Built in 1962, it offers uniform one-bedroom, one-bath units averaging 525 SF, with on-site laundry and off-street parking. The property is 100% occupied, its roof was replaced in 2021, and planned interior renovations offer clear value-add upside.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $995,000 |
| No. of Units: | 11 |
| Year Built: | 1962 |
| Lot Size: | 0.16 Acres |
| Opportunity Zone: | No |
| Price per unit: | $90,455 |
| Property Website | Click Here |
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