LKV Realty
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$2,500,000
$6,800Reward *
40 24th Place, Venice, CA 90291Listing ID SB25064941

40 24th Place, Venice, CA 90291

Active
Time on site: 504 daysLast updated: Jun 16, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Triplex
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
5
Square Feet
Square Feet
3,000
Acres
Acres
0.06
Days on Site
Days on Site
503
Cooling
Cooling
None
Year Built
Year Built
1969
Stories
Stories
2

40 24th Pl is a pride-of-ownership triplex situated on a coveted walk street in Venice, just steps from the beach and the iconic Venice Canals. Sitting on a street-to-alley lot, this well-maintained property offers a strong unit mix, including (1) 3-bed/2-bath unit, (1) 2-bed/2-bath unit, and (1) 1-bed/1-bath unit. This is an excellent owner-user opportunity. The property features three tandem carport spaces (six total) and in-unit laundry, adding convenience for tenants. Outdoor spaces include a private patio facing the walk street and a second-story balcony, perfect for enjoying the coastal breeze. With a 3.66% CAP rate and a 17.88 GRM, this is an exceptional investment in an A+ Venice location with strong long-term appreciation potential. Ideally positioned one block from the beach and the Venice Canals, and less than a mile from Abbot Kinney Blvd’s shops and restaurants, this triplex presents a rare opportunity to own a high-quality asset in one of LA’s most desirable coastal neighborhoods.

Property Information

Property Details

Location

Address
40 24th Place
County
Los Angeles
City
Venice
Zip Code
90291
School District
Los Angeles Unified
High School
Venice
MLS Area
C11 - Venice

Interior Features

Beds and Baths

Bedrooms
6
Main Level Bedrooms
6
Full Bathrooms
5

Building

Building Information

Square Feet
3,000
Year Built
1969
Stories
2

Financial

Special Conditions
Standard
Brett LyonLyon Stahl Investment Real Estate, Inc., (310) 425-9838

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.

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