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Venice, CA 90291,12 & 12.5 25th PL #2
Venice, CA 90291,12 & 12.5 25th PL #2
Venice, CA 90291,12 & 12.5 25th PL #2
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$3,395,000
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2,644 Sqft Lot
Active

12 & 12.5 25th PL #2 Venice, CA 90291

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

+1(424) 242-8856

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25164133

HOA Y/N No

Year Built 1913

Lot Size 2,644 Sqft

Property Sub-Type Apartment

Property Description

Each 4-plex can be financed separately ! Side-by-side Corner Lot (2) 4-plexes right on the beach currently operating at a 5.20% CAP RATE! 12-12.5 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an
A+ neighborhood. 7/8 units are renovated.

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! Currently, a majority of units are rented at near-market rents and the property is producing $243,180 annually .

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.

12-12.5 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.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD1.5

Interior

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4226018027

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc. 310-259-7556

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agent

Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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12 & 12.5 25th PL #2

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