CA > Venice (los Angeles)
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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Altie Schmitt

Altie Schmitt

+1(925) 528-8000
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

Originating Board Datashare California Regional

Year Built 1969

Lot Size 2,651 Sqft

Property Sub-Type Detached

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

Water Public

Schools

School District Los Angeles Unified

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agent

Altie Schmitt

+1(925) 528-8000

Partner at Village Associates | License ID: 00924672

Partner at Village Associates License ID: 00924672

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