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 Blvd’s shops and restaurants, this triplex presents a rare opportunity to own a high-quality asset in one of LA’s most desirable coastal neighborhoods.
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 Blvd’s shops and restaurants, this triplex presents a rare opportunity to own a high-quality asset in one of LA’s most desirable coastal neighborhoods.
Property Details
Price:
$2,500,000
MLS #:
SB25064941
Status:
Active
Beds:
6
Baths:
5
Address:
40 24th Place
Type:
Single Family
Subtype:
Triplex
Neighborhood:
c11venice
City:
Venice
Listed Date:
Mar 25, 2025
State:
CA
Finished Sq Ft:
3,000
ZIP:
90291
Lot Size:
2,651 sqft / 0.06 acres (approx)
Year Built:
1969
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
High School:
Venice
Interior
Cooling
None
Fireplace Features
None
Exterior
Community Features
Biking
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address40 24th Place Venice CA
- AreaC11 – Venice
- CityVenice
- CountyLos Angeles
- Zip Code90291
Similar Listings Nearby
- 1814 Penmar Avenue
Venice, CA$3,250,000
1.47 miles away
- 717 California Avenue
Venice, CA$3,250,000
0.76 miles away
- 3134 Granville Avenue
Los Angeles, CA$3,249,000
3.09 miles away
- 3201 Maplewood Avenue
Los Angeles, CA$3,249,000
2.13 miles away
- 813 Crestmoore Place
Venice, CA$3,215,000
0.96 miles away
- 308 Windward Avenue
Venice, CA$3,200,000
0.43 miles away
- 12302 Gorham Avenue
Los Angeles, CA$3,199,000
4.41 miles away
- 1016 S Bundy Drive
Los Angeles, CA$3,198,000
4.40 miles away
- 5962 W 74th Street
Los Angeles, CA$3,195,000
4.65 miles away
- 6366 W 84th Street
Los Angeles, CA$3,195,000
4.26 miles away

40 24th Place
Venice, CA
LIGHTBOX-IMAGES