Venice (los Angeles), CA 90291,40 24th Place
Venice (los Angeles), CA 90291,40 24th Place
Venice (los Angeles), CA 90291,40 24th Place
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Deeana Owens

Deeana Owens

Owens Real Estate Inc.

+1(678) 250-3471
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 Single Family Home

Sub Type Detached

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

HOA Y/N No

Year Built 1969

Lot Size 2,651 Sqft

Property Sub-Type Detached

Source Datashare California Regional

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

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry Other

Exterior

Pool None

View None

Private Pool false

Building

Story 2

Schools

School District Los Angeles Unified


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agent

Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

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