Side-by-side 4-plexes right on the beach! 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… Read More 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 will gross $253,176 annually once the vacancies are filled. 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. 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. Properties can be sold seperate or together. OM in supplements. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-259-7556
Listing Snapshot
Days Online
53
Last Updated
Property Type
Apartment
Lot Size
0.02 Acres
Year Built
1913
MLS Number
SB25028483
30 Days Snapshot Of 90291
$3,124k
+10%
(avg) sold price
15
-50%
homes sold
82
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1913, Building area total: 4,262, 2 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Urban
Expenses
Operating expense: $60,779
Income
Gross income: $252,288, Net operating income: $183,941
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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