24-UNIT CALIFORNIA APARTMENT BUILDING CHANGES HANDS

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VENICE, CALIF. — Sperry Van Ness has brokered the sale of The Venice Rose, a 24-unit apartment building, between two undisclosed parties for $3.8 million in cash. The property, located at 15 Rose Ave. in Venice, was constructed in 1908. The Venice Rose encompasses 13 single units, nine one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units. Kevin N. Sabin and Lev Galitzin of Sperry Van Ness’ Los Angeles office represented the seller.

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