29
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$3,519,999
Est. payment /mo
1,080 Sqft Lot
Active
12 25th PL #1 Venice, CA 90291
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25028483
HOA Y/N No
Year Built 1913
Lot Size 1,080 Sqft
Property Sub-Type Apartment
Property Description
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 are 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 will gross $253,176
annually once the vacancies are filled.
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. Properties can be sold seperate or together. OM in supplements.
Venice is a prime opportunity for any buyer looking to
take advantage of residential financing and own in an A+
neighborhood. 7/8 units are 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 will gross $253,176
annually once the vacancies are filled.
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. Properties can be sold seperate or together. OM in supplements.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4226018027
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Lease Land No
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc. • 310-259-7556
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