22 28th Place
Venice, CA, 90291
$5,600,000
Beds
0 Baths
SqFt
0.12 Acres
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Trophy Venice Beach Property with Income + Future Upside. Offered at a 4.85% Cap Rate on In-Place Income. Located just one block from the beach and the Venice boardwalk on a rare double lot, this 4-unit trophy asset in Venice Beach offers investors a unique blend of stable cash flow and long-term upside. The property features a renovated 3-unit apartment building alongside a beautifully updated 2-story townhome originally built in 1925 and thoughtfully modernized. 2 garages + exterior parking for a total 8 spaces. With strong current income and the potential for future growth, this is a rare chance to own a premier piece of Venice Beach real estate

Property Details

Price:
$5,600,000
MLS #:
25532177
Status:
Active
Baths:
0
Address:
22 28th Place
Type:
Residential Income
Neighborhood:
c11venice
City:
Venice
Listed Date:
Apr 30, 2025
State:
CA
ZIP:
90291
Lot Size:
5,280 sqft / 0.12 acres (approx)
Year Built:
1925
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6.00
Parking Features
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Parking Spots
8.00
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Ocean

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22 28th Place
Venice, CA