40 24th Place, Venice, CA 90291
  • MLS#: SB25064941 ( Triplex )
  • Street Address: 40 24th Place
  • Viewed: 3
  • Price: $2,500,000
  • Price sqft: $833
  • Waterfront: No
  • Year Built: 1969
  • Bldg sqft: 3000
  • Bedrooms: 6
  • Total Baths: 5
  • Full Baths: 5
  • Garage / Parking Spaces: 6
  • Days On Market: 32
  • Additional Information
  • County: LOS ANGELES
  • City: Venice
  • Zipcode: 90291
  • District: Los Angeles Unified
  • High School: VENICE
  • Provided by: Lyon Stahl Investment Real Estate, Inc.
  • Contact: Brett Brett
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    40 24th Pl is a pride of ownership triplex situated on a coveted walk street in Venice, just steps from the beach and the iconic Venice Canals. Sitting on a street to alley lot, this well maintained property offers a strong unit mix, including (1) 3 bed/2 bath unit, (1) 2 bed/2 bath unit, and (1) 1 bed/1 bath unit. This is an excellent owner user opportunity. The property features three tandem carport spaces (six total) and in unit laundry, adding convenience for tenants. Outdoor spaces include a private patio facing the walk street and a second story balcony, perfect for enjoying the coastal breeze. With a 3.66% CAP rate and a 17.88 GRM, this is an exceptional investment in an A+ Venice location with strong long term appreciation potential. Ideally positioned one block from the beach and the Venice Canals, and less than a mile from Abbot Kinney Blvds shops and restaurants, this triplex presents a rare opportunity to own a high quality asset in one of LAs most desirable coastal neighborhoods.
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Features
Assessments
  1. None
Association Fee
  1. 0.00
Carport Spaces
  1. 6.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. None
Country
  1. US
Fireplace Features
  1. None
Garage Spaces
  1. 0.00
High School
  1. VENICE
Highschool
  1. Venice
Laundry Features
  1. Common Area
Levels
  1. Two
Living Area Source
  1. Assessor
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
Parcel Number
  1. 4226017017
Pool Features
  1. None
Postalcodeplus4
  1. 4380
Property Type
  1. Triplex
School District
  1. Los Angeles Unified
Sewer
  1. Public Sewer
View
  1. None
Water Source
  1. Public
Year Built
  1. 1969
Year Built Source
  1. Assessor
Zoning
  1. LARD1.5