Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    40 24th Place, Venice, CA 90291
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    40 24th Place
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    • MLS#: SB25064941 ( Triplex )
    • Street Address: 40 24th Place
    • Viewed: 1
    • Price: $2,500,000
    • Price sqft: $833
    • Waterfront: No
    • Year Built: 1969
    • Bldg sqft: 3000
    • Bedrooms: 6
    • Total Baths: 5
    • Full Baths: 5
    • Garage / Parking Spaces: 6
    • Days On Market: 9
    • Additional Information
    • County: LOS ANGELES
    • City: Venice
    • Zipcode: 90291
    • District: Los Angeles Unified
    • High School: VENICE
    • Provided by: Lyon Stahl Investment Real Estate, Inc.
    • Contact: Brett Brett
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      40 24th Pl is a pride of ownership triplex situated on a coveted walk street in Venice, just steps from the beach and the iconic Venice Canals. Sitting on a street to alley lot, this well maintained property offers a strong unit mix, including (1) 3 bed/2 bath unit, (1) 2 bed/2 bath unit, and (1) 1 bed/1 bath unit. This is an excellent owner user opportunity. The property features three tandem carport spaces (six total) and in unit laundry, adding convenience for tenants. Outdoor spaces include a private patio facing the walk street and a second story balcony, perfect for enjoying the coastal breeze. With a 3.66% CAP rate and a 17.88 GRM, this is an exceptional investment in an A+ Venice location with strong long term appreciation potential. Ideally positioned one block from the beach and the Venice Canals, and less than a mile from Abbot Kinney Blvds shops and restaurants, this triplex presents a rare opportunity to own a high quality asset in one of LAs most desirable coastal neighborhoods.
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    Features
    Assessments
    1. None
    Association Fee
    1. 0.00
    Carport Spaces
    1. 6.00
    Commoninterest
    1. None
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. None
    Country
    1. US
    Fireplace Features
    1. None
    Garage Spaces
    1. 0.00
    High School
    1. VENICE
    Highschool
    1. Venice
    Laundry Features
    1. Common Area
    Levels
    1. Two
    Living Area Source
    1. Assessor
    Lockboxtype
    1. None
    Lot Features
    1. 2-5 Units/Acre
    Parcel Number
    1. 4226017017
    Pool Features
    1. None
    Postalcodeplus4
    1. 4380
    Property Type
    1. Triplex
    School District
    1. Los Angeles Unified
    Sewer
    1. Public Sewer
    View
    1. None
    Water Source
    1. Public
    Year Built
    1. 1969
    Year Built Source
    1. Assessor
    Zoning
    1. LARD1.5
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836