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12 25th Place

Venice, CA 90291
  • $1,875,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: SB24219052
UPDATED: 12 min ago
$1,875,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:
Area:

School Ratings & Info

Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


Description

4-plex right on the beach! 12 25th Pl, Venice is a primeopportunity for any buyer looking to take advantage ofresidential financing and own in an A+ neighborhood. Allunits have been extensively remodeled! Can work with buyer on vacating a unit for owner occupancy. Each unit offers comfortable living spaces and modernamenities, ensuring a desirable rental experience fortenants. Most units are renovated and some units haveocean views!Whether you're looking to expand your investmentportfolio or seeking a lucrative income-generatingproperty, this offering stands as a testament to the allureof coastal California living combined with the promise ofsubstantial financial returns.12 25th Pl is located in the heart of Silicon Beach, an areathat has attracted a wide range of technology companiesincluding Facebook, Google, and Snapchat. Residentsenjoy the benefits of living in the heart of Venice as theproperty is close to Abbot Kinney, Santa Monica Pier, andmuch more.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T09:24:44.037. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/157066946
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12 25th Place Venice, CA 90291

  • Price: $1,875,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 12 min ago
  • ID#: SB24219052
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1913
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
4-plex right on the beach! 12 25th Pl, Venice is a primeopportunity for any buyer looking to take advantage ofresidential financing and own in an A+ neighborhood. Allunits have been extensively remodeled! Can work with buyer on vacating a unit for owner occupancy. Each unit offers comfortable living spaces and modernamenities, ensuring a desirable rental experience fortenants. Most units are renovated and some units haveocean views!Whether you're looking to expand your investmentportfolio or seeking a lucrative income-generatingproperty, this offering stands as a testament to the allureof coastal California living combined with the promise ofsubstantial financial returns.12 25th Pl is located in the heart of Silicon Beach, an areathat has attracted a wide range of technology companiesincluding Facebook, Google, and Snapchat. Residentsenjoy the benefits of living in the heart of Venice as theproperty is close to Abbot Kinney, Santa Monica Pier, andmuch more.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 4.8 Common Interest Community Apartment Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 127368 Gross Scheduled Income 127368 Insurance Expense 0 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Net Operating Income 89942 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 33605 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T09:24:44.037. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)