Property Detail

22 28th

Venice CA 90291

$5,600,000

Status: Active

Property Details

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

Map Location

Listing provided courtesy of Eli Mashiach of MGB Realty Group. Last updated 2025-05-01 08:11:01.000000. Listing information © 2024 CRMLS.

Steele Realty Group

Steele Realty Group

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