Active
12 25th Place
Venice CA, 90291
$3,750,000
$879.87 per sqft
Active
4,262 sqft
Condo
Built in 1913
Listed by Cameron Samimi with Lyon Stahl Investment Real Estate, Inc. 310-259-7556
Each 4-plex can be financed separately ! Side-by-side 4-plexes right on the beach! 12-12.5 25th Pl,
Venice is a prime opportunity for any buyer looking to
take advantage of residential financing and own in an A+
neighborhood. 7/8 units have been extensively renovated.
Each unit offers comfortable living spaces and modern
amenities, ensuring a desirable rental experience for
tenants. Most units are renovated and some units have
ocean views! Currently, a majority of units are rented at
near-market rents and the property collects a gross
income of $245,064annually.
Whether you're looking to expand your investment
portfolio or seeking a lucrative income-generating
property, this offering stands as a testament to the allure
of coastal California living combined with the promise of
substantial financial returns.
12-12. 25th Pl is located in the heart of Silicon Beach, an
area that has attracted a wide range of technology
companies including Facebook, Google, and Snapchat.
Residents enjoy the benefits of living in the heart of Venice
as the property is close to Abbot Kinney, Santa Monica
Pier, and much more.
SB24096485
MLSⓇ ID
May 23, 2024
Listed
August 30, 2024
Updated
Map
12 25th Place
Venice CA, 90291
Interior Features
Total Stories
2
Laundry Description
Inside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.06 Acres
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer
Other Property Details
Area Name
C11 - Venice
Days on Market
82
Garage
No
Parking Total
0
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LARD1.5
Listing History
Date | Event | Price |
|---|---|---|
7/2/2024 | Price change | $3,750,000 -4% |
Listing Contact: 310-425-9838
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 8/30/2024 at 8:07 PM UTC