40 24th Place

Venice, CA 90291

  • 6 Bed(s)
  • 5 Bath(s)
  • 3,000 Sqft
  • 2651
    Sqft(Lot)
$2,500,000

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

    Residential
  • County

    Los Angeles
  • Style

    Residential
  • AD ID

    49085426

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Property Details

  • 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
  • Building Information

    • Year Built: 1969

    Pool Features

    • None

    Laundry Features

    • Common Area
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0609
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 2651
  • Listing Price Information

    • Original List Price: 2,500,000
    • Listing Contract Date: 2025-03-25

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 4226017017
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • 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.