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.
Property Type
ResidentialCounty
Los AngelesStyle
ResidentialAD ID
49085426
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 6
Bathroom Information
- Total Baths: 5
- Full Baths: 5
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Bedroom on Main Level
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1969
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0609
- Lot Size Source: Assessor
- Lot Size Square Feet: 2651
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Listing Information
Listing Price Information
- Original List Price: 2,500,000
- Listing Contract Date: 2025-03-25
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4226017017
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C11 - Venice
- Postal Code Plus 4: 4380
- Directions: Near the intersection of Pacific Ave and 24th Place, 1 block from the beach
- Zoning: LARD1.5
- Source Property Type: Residential
- Area: C11 - Venice
- Property SubType: Triplex
Building and Construction
- Property Age: 56
- Common Walls: 2+ Common Walls
- Structure Type: Triplex
- Year Built Source: Assessor
- Total Square Feet Living: 3000
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Triplex
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BuyOwner last updated this listing 04/20/2025 @ 08:12
- MLS: SB25064941
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 6 bedrooms which is for sale, it has 3,000 sqft, 2,651 sized lot, and 0 parking. are nearby neighborhoods.