Designer triplex where the city meets the sand on a quaint brick road in Venice Beach. 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,… Read More 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. Unit #1 is booked for $10k/month for 5 months end of 2026. 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. Check out the attached OM and Property Video. Read Less
Property listed by Amanda Robertson, Amanda Robertson 310-259-7556
Listing Snapshot
Days Online
16
Last Updated
Beds
5
3/4 Baths
4
Square Ft.
2,591
Lot Size
0.07 Acres
Year Built
1970
MLS Number
26845873
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Building
Built in 1970, Living area: 2591.0, 1 building, 2 stories, Levels: Two
Heating
Electric
Income
Gross Income: $249,000, Net Operating Income: $181,532
Lot
0.0652 acres
Parking
3 carport spaces, 3 total parking spaces, Assigned, Covered, Carport
Taxes
Parcel Number: 4226011020, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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