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10-Bedroom ResidentialIncome — 22 28th Place, Venice, CA

$4,895,000

22 28th Place, Venice, CA

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About this property

Perfect Owner/User or Pied-a-Tere! Rare 4 unit Venice compound on a double lot located in the heart of Silicon Beach. Located just steps from the Beach on a Beautiful walk street surrounded by $5 mil + homes in the most sought after "South Venice Beach" area. seconds to top restaurants and trendy Abbott Kinney. Property consists of a 3 bed townhouse on East side of lot with private yard and private garage which has been recently remodeled with Hardwood flrs, new kitchen and new bathrooms. West lot has 3 units comprised of Penthouse with 3 bed 2 ba, open flr plan, rooftop deck and windows surrounding living rm to make this a bright and airy residence w/ Ocean breezes and partial Ocean views from living rm and balcony. Middle unit is a 3 bed 2 bath unit with a balcony off the living rm, Primary w/ beautiful view of the walk st and front yard. Lower unit is a one bed unit with private parking and use of the front lawn area. Total of 8 parking spaces for the property. Owners unit can be delivered vacant. Cap rate of 5.52.

Property details

Bedrooms
10
Bathrooms
7
Square feet
5,398
Year built
1925
Property type
ResidentialIncome

Location

22 28th Place • Venice, CA 90291

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Listed by

James Allan · Compass