22 28th Pl Active Save Request In-Person Tour Request Virtual Tour
Venice,CA 90291
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,398 sqft
Price per Sqft $1,037
MLS Listing ID 25532177
Style Architectural
Bedrooms 11
Year Built 1925
Lot Size 5,280 Sqft
Property Sub-Type Multi-Family
Property 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
Location
State CA
County Los Angeles
Area Venice
Zoning LARD1.5
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Garage
Garage Spaces 8.0
View Y/N Yes
View Ocean
Others
Special Listing Condition Standard