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5-Bedroom Residential Income — 18 24th Avenue, Venice, CA

$2,795,000

18 24th Avenue, Venice, CA

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About this property

Rarely does an opportunity like this come to market in Venice Beach. Just a few doors from the sand, this fully vacant and completely remodeled triplex offers an exceptional value-add opportunity in one of Los Angeles' most sought-after coastal neighborhoods. The property consists of two spacious 2-bedroom, 2-bath residences and one studio unit, all delivered vacant - a truly rare offering in Los Angeles where multi-family properties are often encumbered by existing tenants. Whether you're an investor seeking to maximize rents immediately, an owner-user looking to occupy a unit while generating income, or exploring a short-term rental strategy (buyer to verify), the possibilities are endless. Recently renovated throughout all with in unit laundry and ample parking space, the property features updated interiors, fresh paint inside and out, and a turnkey presentation that minimizes upfront capital expenditures. Residents will enjoy an unbeatable beachside lifestyle just steps from the sand and moments from Venice's most iconic destinations. Ideally located near the vibrant dining, shopping, and nightlife scene along Washington Boulevard and Windward Circle, as well as the renowned boutiques, restaurants, and galleries of Abbot Kinney, this premier Venice location places the very best of the Westside at your doorstep. Abbot Kinney is widely recognized as one of Venice's premier destinations for dining, shopping, and entertainment. A rare combination of vacancy, location, and renovation in one of Southern California's strongest rental markets, this is Venice Beach investing at its finest.

Property details

Bedrooms
5
Bathrooms
5
Square feet
2,832
Year built
1968
Property type
Residential Income
Lot size
2,641 sqft

Location

18 24th Avenue • Venice, CA 90291

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Listed by

Meredith Gruszka · Pardee Properties

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Sale history for 18 24th Avenue →