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12 25th Place

Venice, CA 90291
  • $1,875,000
  • STATUS: ACTIVE
  • ON SITE: 10 Days
  • ID#: SB24219052
UPDATED: 25 min ago
$1,875,000
  • 4
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

4-plex right on the beach! 12 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an A+ neighborhood. All units have been extensively remodeled! 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! 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 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. 4-plex right on the beach! 12 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an A+ neighborhood. All units have been extensively remodeled! 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! 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 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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/157096228
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12 25th Place Venice, CA 90291

  • Price: $1,875,000
  • Status: ACTIVE
  • On Site: 10 Days
  • Updated: 25 min ago
  • ID#: SB24219052
4
Beds
0
Baths
0
½ Baths
0.02
Acres
Neighborhood:
Venice (90291)
County:
Los Angeles
Area:
Venice (90291)
Property Description
4-plex right on the beach! 12 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an A+ neighborhood. All units have been extensively remodeled! 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! 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 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. 4-plex right on the beach! 12 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an A+ neighborhood. All units have been extensively remodeled! 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! 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 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.
Exterior Features

Pool N/K

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 4.69 Annual Expense Actual 33980 Buildings 1 Cfd Mello Roos Fee 247.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 1492.0 Gross Scheduled Income Actual 125652 Monthly Total Fees 20 Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2650.0 Unit2 Rent Actual 2490.0 Unit3 Rent Actual 2386.0 Unit4 Rent Actual 2790.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.: 310-259-7556. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Red Tree Realty
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San Diego CA, 92110