Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-425-9838
$1,699,000
4-plex right on the beach currently operating at a 4.93%
CAP RATE! 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. Perfect for owner-user opportunity or investors looking to capitalize on Venice's historic route!
Each unit offers… Read More 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.
12.5 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. OM in supplements. Read Less
Listing Snapshot
Days Online
49
Last Updated
Property Type
Quadruplex
Lot Size
0.04 Acres
Year Built
1909
MLS Number
SB25164107
Additional Details
Building
Built in 1909, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Urban
Expenses
Operating: $28,603
Income
Gross Income: $112,338, Gross ScheduledIncome: $115,812, Net Operating Income: $83,735
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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