$2,500,000 40 24th Place Venice, CA

MLS: PW21171587   Type: Income   County: Los Angeles   City: Venice   Zip: 90291   Style: Triplex  

Mortgage $11,737 /mo



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1969 construction with: one three-bedroom/two-bath with a fireplace and balcony, one two bedroom/two-bath unit with balcony and one-studio unit. All units feature in-unit laundry and are separately metered for electricity. All units have been updated with custom cabinetry tile/ hardwood floors. The property also offers six covered parking spots. LOCATION OVERVIEW A well-maintained 3-unit Apartment building 800 feet from the beach in Venice, California. This exclusive offering presents an excellent opportunity for an investor to acquire a legacy asset in a sought-after coastal market within walking distance of the beach, world-class dining, shopping, and entertainment, Silicon Beach tech employers such as the Google campus located nearby. The property’s proximity to a wide array of retail and services have earned it a noteworthy Walk Score88.

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Price History

8/8/2021 Listed $2,500,000

Additional Parcels Y/N No
Carport Spaces 6
Carport Y/N Yes
Community Features Biking, Dog Park, Park, Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports, Fishing, Marina
Garage Spaces 63
Garage Y/N Yes
Land Lease Y/N No
Listing Agent Justin White - BRE#01267826
Listing Agent State License 01267826
Lot Size Square Feet 2651
MLS Area C11 - Venice
Pool Features None
Private Pool No
Property Attached Y/N Yes
Property Sub Type Additional Triplex
Property SubType Triplex
Property Type Residential Income
Senior Community Y/N N
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms 1031 Exchange
Total Units 3
Water Sewer Expense 2941
Waterfront Features Beach Front, Canal Front, Ocean Access, Ocean Front
Zoning LARD1.5

Interior Features

Common Walls 1 Common Wall
Laundry Features Inside

Exterior Features

Lot Features 2-5 Units/Acre, Corner Lot
Lot Size Acres 0.06
Lot Size Area 2651
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 3
Number of Separate Gas Meters 0
Number of Separate Water Meters 0
Parking Features Carport, Garage, Tandem
Total Parking 69
Water Source Public

Property Schools

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Gallery (15 photos)

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Property vs Zip Code Avg (90291)

Price 2.50M Avg 3.49M

Sqr Feet 3,000 Avg 3,279

Cost / Sqr Ft $833 Avg $1,065

Acres 0.060859 Avg 0.1

Visits 61 Avg 83

Days on Site 174 Avg 135

Walkscore® 88 Avg 90

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Justin White with Justin White - 714-231-2537

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA