22 28th Place
Venice, CA 90291 • 11 Bed • 9 Bath • 5,398 sq.ft.

Property summary

Trophy Venice Beach Property with Income + Future Upside. Offered at a 5.26% Cap Rate on In-Place Income. Located just one block from the beach and the Venice boardwalk on a rare double lot, this 4-unit trophy asset in Venice Beach offers investors a unique blend of stable cash flow and long-term upside. The property features a renovated 3-unit apartment building alongside a beautifully updated 2-story townhome originally built in 1925 and thoughtfully modernized. 2 garages + exterior parking for a total 8 spaces. With strong current income and the potential for future growth, this is a rare chance to own a premier piece of Venice Beach real estate

Days on market: 20

Listing updated: May 23, 2025 - 05:45:05

Property details

Property ID
25532177
Size
5398 sq.ft.
Home Type
Residential Income
Year Built
1925
Property Size
0.1212 acre
Garage
6
Levels
Spa
No
Patio
No
Basement
No
View
Ocean
Pool
No

Listed by: Eli Mashiach DRE #01348839 310-877-2348, MGB Realty Group - Beverly Hills/Greater LA

Source: Beverly Hills/Greater LA, MLS#: CLW-X73309 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
9
Kitchen
N/A
Cooling
N/A
Heating
N/A
Flooring
N/A
Laundry
N/A
$5,250,000
Property price
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Revesty savings: $325K
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Est.: $21,000/mo
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-28 19:56:55 PST 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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