22 28th Place, Venice, CA 90291

0 beds 0 baths 5,280 sq.ft.

Offerered at: $5,600,000.00

County: Los Angeles
Year Built: 1925
Association Fees: $0.00/mo.

Property Description

Trophy Venice Beach Property with Income + Future Upside. Offered at a 4.85% 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

ESSENTIAL INFO

  • Status: Active