12 25th Place Venice, CA 90291
Listing Courtesy of: CRMLS / Lyon Stahl Investment Real Estate, Inc. / Cameron Samimi - Contact:  310-259-7556

  12 25th Place Venice, CA 90291

Active (107 Days)
$3,750,000

Description

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.

MLS #:
SB24096485
Lot Size
2,643 SQFT
Type
Multifamily
Year Built
1913
County
Los Angeles County

Listed By

Cameron Samimi, Lyon Stahl Investment Real Estate, Inc., Contact: 310-259-7556
Source
CRMLS
Last checked Sep 8 2024 at 1:27 AM PDT
Bathroom Details
Interior Features
  • Laundry: Inside
Lot Information
  • 0-1 Unit/Acre
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Additional Information: Lyon Stahl Investment Real Estate, Inc. | 310-259-7556
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 02, 2024
Price Changed
$3,750,000
-4%
-150,000
May 13, 2024
Original Price
$3,900,000
-
-
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.