Homes for sale - 12 1/2 25th PL, Venice, CA 90291

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JLee Broker

JLeeRealty

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

Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.

$3,445,000

Est. payment - /mo

2,643 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25130965

Year Built 1913

Lot Size 2,643 Sqft

Source California Regional MLS

Property Description

Side-by-side 4-plexes right on the beach currently operating at a 5.24% CAP RATE! 12-12.5 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an A+ neighborhood. 7/8 units are renovated. Each unit offers comfortable living spaces and modern amenities, ensuring a desirable rental experience for tenants. Most units are renovated and some units have ocean views! Currently, a majority of units are rented at near-market rents and the property will gross $253,176 annually once the vacancies are filled. Whether you're looking to expand your investment portfolio or seeking a lucrative income-generating property, this offering stands as a testament to the allure of coastal California living combined with the promise of substantial financial returns. 12-12. 25th Pl is located in the heart of Silicon Beach, an area that has attracted a wide range of technology companies including Facebook, Google, and Snapchat. Residents enjoy the benefits of living in the heart of Venice as the property is close to Abbot Kinney, Santa Monica Pier, and much more. Properties can be sold separate or together. OM in supplements.

Location

State CA

County Los Angeles

Area C11 - Venice

Interior

Laundry Other

Exterior

Pool None

Building

Water District - Public

Others

Tax ID 4226018027

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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12 1/2 25th PL Venice, CA 90291

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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