Description
Trophy venice beach property with income + future upside. offered at a 4.85% cap rate on in-place income. located just one block from the beach and the venice boardwalk on a rare double lot, this 4-unit trophy asset in venice beach offers investors a unique blend of stable cash flow and long-term upside. the property features a renovated 3-unit apartment building alongside a beautifully updated 2-story townhome originally built in 1925 and thoughtfully modernized. 2 garages + exterior parking for a total 8 spaces. with strong current income and the potential for future growth, this is a rare chance to own a premier piece of venice beach real estate
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49570086
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 11
Bathroom Information
- Total Baths: 9
- Full Baths: 0
- Half Baths: 0
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Exterior Features
Building Information
- Year Built: 1925
- Building Area Total: 5,398
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1212
- Lot Size Source: Assessor
- Lot Size Square Feet: 5280
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Listing Information
Listing Price Information
- Original List Price: 5,600,000
- Listing Contract Date: 2025-04-30
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4226021026
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C11 - Venice
- Directions: Just half a block from the beach. 28th Ave. between Pacific and Speedway.
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: C11 - Venice
Building and Construction
- Property Age: 100
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 5398
- Levels or Stories: Three Or More,Multi/Split
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BuyOwner last updated this listing 05/08/2025 @ 20:13
- MLS: 25532177
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 11 bedrooms which is for sale, it has 5,398 sqft, 5,280 sized lot, and 6 parking. are nearby neighborhoods.