40 24th Place, Venice Property Listing: MLS® #SB25064941

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 Blvds shops and restaurants, this triplex presents a rare opportunity to own a high-quality asset in one of LAs most desirable coastal neighborhoods.

40 24th Place, Venice Property Listing: MLS® #SB25064941 Close
Page Summary
NEW
  • MLS® #: SB25064941
  • 40 24th Place
  • Venice, CA 90291
  • $2,500,000
  • 6 Beds, 5 Bath, 3000 SqFt, 0.06 Acres
  • Office: Lyon Stahl Investment Real Estate, Inc.

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 Blvds shops and restaurants, this triplex presents a rare opportunity to own a high-quality asset in one of LAs most desirable coastal neighborhoods.

Supplemental Remarks

Essential Information

  • MLS® #SB25064941
  • Listing Price$2,500,000
  • Original Listing Price$2,500,000
  • List Price per Square Foot$833.33
  • Date ListedMarch 25th, 2025
  • Days on Market1
  • Bedrooms6
  • Bathrooms5.00
  • Full Baths5
  • Square Footage3,000
  • Acres0.06
  • Lot Sq.Ft.2,651
  • Year Built1969
  • TypeResidential
  • Sub-TypeAll Other Attached
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Mello Roos Dues$399
  • Total Monthly Dues$33

Community Information

  • Address40 24th Place
  • AreaVENICE (90291)
  • CityVenice
  • CountyLos Angeles
  • StateCA
  • Zip Code90291

Amenities

  • ViewN/K
  • PoolN/K

Interior

  • CoolingN/K
  • FireplacesN/K
  • # of Stories2
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Listing information last updated on May 3rd, 2025 at 4:08pm PDT.