23 18th Ave Venice, CA 90291
Active
$2,600,000
2 Units
4 Beds
4 Baths
1,872 Area(sq.ft.)
2,641 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 2 | No | n/a | n/a | $ 4,000 |
| Unit 2 | 1 | 3 | 2 | No | n/a | n/a | $ 8,000 |
| 2 | 2 | 4 | 4 | $ 0 | $ 0 | $ 12,000 |
| MLS #: | 24-465713 |
| Days On Market: | 8 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,389 |
| Price per unit: | $ 1,300,000 |
| Year Built: | 1957 |
Property Details
A rare opportunity just steps from the sand and a block from the iconic Venice sign, this mid-century modern duplex epitomizes beachside living. With ocean views and an unbeatable location, the property features two distinct units: an updated 1-bedroom owner's suite with the opportunity to easily convert to a 2-bedroom, upstairs and a 3-bedroom unit downstairs, offering exceptional rental income with significant upside potential.Set on a spacious lot with a two-car garage onsite and two additional off-street parking spaces accessible via the alley. This property boasts multiple secure patio spaces at the front, middle, and rear of the residence. Recent upgrades include kitchens, resort-style bathrooms, sleek new flooring, upgraded doors, modern lighting, and landscaping.Ideal for an owner-user, the property also presents unique opportunities: convert the existing garage into an ADU with a rooftop deck or reimagine the duplex as a single-family home. Whether for personal enjoyment or leveraging Venice's soaring rental market, this one-of-a-kind offering is primed for endless possibilities. Both units will be delivered vacant.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 0 |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
| Gross Annual Income: | $ 0 |
| Gross Rent Multiplier: | 0.00 |
Structure
| Type of Units: | Apartment |
| Buildings: | 1 |
| Levels: | Two |
| Security Features: | Gated |
| Style: | Mid-Century |
| Sewer: | In Street |
| View Description: | Water, Tree Top, Ocean |
| Water: | Public |
Land & Parking
| Zoning: | LARD1.5 |
| Parking Garage: | Garage - 2 Car, Gated, Assigned |
Interior
| Cooking Appliances: | Gas, Microwave |
| AC/Cooling: | Ceiling Fan |
| Equipment: | Dishwasher, Microwave, Refrigerator, Range/Oven, Washer, Dryer |
| Heating: | Central |
| Interior Features: | Recessed Lighting, Other |
| Kitchen Features: | Remodeled |
| Laundry: | In Unit |
Exterior
| Pool: | No |
| Spa: | No |
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