Venice, CA 90291,22 28th Pl
Venice, CA 90291,22 28th Pl
Venice, CA 90291,22 28th Pl
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$5,250,000
Est. payment /mo
11 Beds
9 Baths
5,398 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,398 sqft

Price per Sqft $972

MLS Listing ID 25532177

Style Architectural

Bedrooms 11

Year Built 1925

Lot Size 5,280 Sqft

Acres 0.1212

Property Sub-Type Multi-Family

Property Description

Trophy Venice Beach Property with Income + Future Upside. Offered at a 5.26% Cap Rate on In-Place Income. Located just one block from the beach and the Venice boardwalk on a rare double lot, this 4-unit trophy asset in Venice Beach offers investors a unique blend of stable cash flow and long-term upside. The property features a renovated 3-unit apartment building alongside a beautifully updated 2-story townhome originally built in 1925 and thoughtfully modernized. 2 garages + exterior parking for a total 8 spaces. With strong current income and the potential for future growth, this is a rare chance to own a premier piece of Venice Beach real estate

Location

State CA

County Los Angeles

Area Venice

Zoning LARD1.5

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Garage

Garage Spaces 8.0

View Y/N Yes

View Ocean

Building

Architectural Style Architectural

Level or Stories Multi/Split, Three Or More

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by MGB Realty Group
agent-avatar

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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