40 18th AV
Venice, CA, 90291
$2,995,000
5 Beds
4 Baths
2,591 SqFt
0.07 Acres
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MLS #26845873 image #0
6.47% Cap self managed or 5.3% Cap with 5% mgmt fee. Designer triplex where the city meets the sand on a quaint brick road in Venice Beach. Two blocks from the rumored new Venice Soho House, the location is next to none and anchors the Windward Circle and Boardwalk scenes. Purchase this property to watch the 2028 Olympic Triathlon finish line at the end of Venice Blvd! This restored, 3-unit property offers strong income with a proven track record in 30 day rentals and long term rentals. There are multiple cash flow options to choose from: 1031 and continue the lucrative Airbnb rental business plan, move into the gorgeous front townhome and lease the others to mitigate your mortgage, or rent the entire property with standard long term leases and less turnover. No matter what path you choose, you will be riding the large Windward Circle wave of upside as the area continues to surprise and delight with new restaurants and activities. Each unit has private outdoor space, private laundry and 1 parking spot. This property has been lovingly updated with mid century appeal and high-end finishes and is ready for the next set of hands. True 5.3% cap rate and 14 GRM on current Airbnb income. Furniture purchase option available. More Fun Facts – Unit #1 is booked for $10k/month for 5 months end of 2026 AND Soho House is opening a new location two blocks away on Market. Check out the attached OM and Property Video.

Property Details

Price:
$2,995,000
MLS #:
26845873
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Neighborhood:
c11venice
Listed Date:
Jul 16, 2026
Finished Sq Ft:
2,591
Total Sq Ft:
2,591
Lot Size:
2,841 sqft / 0.07 acres (approx)
Year Built:
1970
C11 – VeniceC11venice

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Schools

Interior

Appliances
DW, GD, RF
Heating
ELC
Laundry Features
DINC, WINC
Levels
U

Exterior

Parking Spots
3
Parking Total
3

Financial

Gross Operating Income
$249,000
Net Operating Income
$181,532

Map

Community

Subdivisions in Venice

Market Summary

Current real estate data for Single Family in Venice as of Sep 05, 2026
193
Single Family Listed
102
Avg DOM
684
Avg $ / SqFt
$1,855,263
Avg List Price

Property Summary

    40 18th AV Venice CA is a Single Family for sale in Venice, CA, 90291. It is listed for $2,995,000 and features 5 beds, 4 baths, and has approximately 2,591 square feet of living space, and was originally constructed in 1970. The current price per square foot is $1,156. The average price per square foot for Single Family listings in Venice is $684. The average listing price for Single Family in Venice is $1,855,263.

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40 18th AV
Venice, CA