LKV Realty
Logo
$3,395,000
$7,200Reward *
40 18th Avenue, Venice, CA 90291Listing ID 26845873

40 18th Avenue, Venice, CA 90291

Active
Time on site: 26 daysLast updated: Aug 4, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
4
Square Feet
Square Feet
2,591
Acres
Acres
0.07
Days on Site
Days on Site
26
Heating
Heating
Electric
Year Built
Year Built
1970
Stories
Stories
2
Parking
Parking
Assigned, Covered, Carport

Designer triplex where the city meets the sand on a quaint brick road in Venice Beach. Two blocks from the new Venice Soho House, 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, 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.

Property Information

Property Details

Location

Address
40 18th Avenue
County
Los Angeles
City
Venice
Zip Code
90291
MLS Area
C11 - Venice

Interior Features

Beds and Baths

Bedrooms
5

Building

Building Information

Square Feet
2,591
Year Built
1970
Stories
2

Financial

Special Conditions
Standard
Amanda RobertsonAmanda Robertson, (310) 614-8071

Market Report for 90291

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-C120419