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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$1,745,000
Est. payment /mo
1,948 SqFt
Price Dropped by $24K
12 25th Place Venice, CA 90291
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,948 sqft
Price per Sqft $895
MLS Listing ID SB-24219052
Year Built 1913
Lot Size 1,080 Sqft
Property Sub-Type Quadruplex
Property Description
4-plex right on the beach currently operating at a 5.34% CAP RATE! 12 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an A+ neighborhood. All units have been remodeled! One unit is currently vacant, ideal for owner-user opportunity. 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! 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 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. OM in supplements.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Laundry Inside
Exterior
Parking Features Gated
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer