Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-425-9838
$1,710,000
4-plex right on the beach currently operating at a 5.47%
CAP RATE! 12 25th Pl, Venice is a prime
opportunity for any buyer looking to take advantage of
residential financing and own in an A+ neighborhood. All
units have been remodeled! Ideal for owner-user opportunity or investors looking to capitalize on Venice's historic route.
Each… Read More 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!
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 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. OM in supplements. Read Less
Listing Snapshot
Days Online
36
Last Updated
Property Type
Quadruplex
Lot Size
0.02 Acres
Year Built
1913
MLS Number
SB25164022
Additional Details
Building
Built in 1913, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Urban
Expenses
Operating: $30,443
Income
Gross Income: $131,112, Gross ScheduledIncome: $131,112, Net Operating Income: $93,672
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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