Sotheby's International Realty
Matthew Aaronson, Sotheby's International RealtyPhone: (917) 359-5392
Email: [email protected]
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listing
1 of 31
Residential IncomeFor Sale
$5,600,000
22 28th Place
Venice, CA 90291
Listing Office: MGB Realty Group
MLS: California Regional MLS (CRMLS)
11Beds
9Baths
5,398Sq Ft
Est. Mortgage
$29,006/mo

Trophy Venice Beach Property with Income + Future Upside. Offered at a 4.85% 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

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Information courtesy of MGB Realty Group is subject to verification and is not guaranteed.
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