Homes for sale - 40 24th PL, Venice, CA 90291

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JLee Broker

JLeeRealty

[email protected] +1(650) 857-1000

Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.

$2,500,000

Est. payment - /mo

6 Beds

5 Baths

3,000 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $833

MLS Listing ID CRSB25064941

Bedrooms 6

Full Baths 5

Originating Board California Regional MLS

Year Built 1969

Lot Size 2,651 Sqft

Property Sub-Type Triplex

Property 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 Blvd's shops and restaurants, this triplex presents a rare opportunity to own a high-quality asset in one of LA's most desirable coastal neighborhoods.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD1.5

Interior

Cooling None

Fireplaces Type None

Laundry Laundry Area

Exterior

Pool None

View None

Building

Water District - Public

Others

Tax ID 4226017017

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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40 24th PL Venice, CA 90291

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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