Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB25064941
MLS Source
California Regional MLS
Days on Site
50
Interior Features
Bedrooms
Ground Floor Bedroom
Fireplace
None
Laundry
Laundry Area
Cooling
None
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LARD1.5
Contact Information
Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: (310) 706-4066
Co-Listing Agent
Duncan Backus
Lyon Stahl Investment Real Est
License #: 02090171
Phone: –
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
40 24th Pl is a Triplex in Venice, CA 90291. This 3,000 square foot property sits on a 2,651 Sq Ft Lot and features 6 bedrooms & 5 full bathrooms. It is currently priced at $2,500,000 and was built in 1969. This address can also be written as 40 24th Pl, Venice, CA 90291.
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This listing information is up-to-date as of March 26, 2025. For the most current information, please contact Brett Lyon, (310) 706-4066
