Active
$1,745,000
4 Units
4 Beds
4 Baths
1,948 Area(sq.ft.)
Lot: 1,080 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,545 | $ 2,545 | $ 2,995 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,995 | $ 2,995 | $ 2,995 |
| Unit 3 | 1 | 1 | 1 | No | $ 2,481 | $ 2,481 | $ 2,995 |
| Unit 4 | 1 | 1 | 1 | No | $ 2,845 | $ 2,845 | $ 2,995 |
| 4 | 4 | 4 | $ 10,866 | $ 10,866 | $ 11,980 |
| MLS #: | SB25131020MR |
| Days On Market: | 180 |
| Listing Date: | June 9, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 896 |
| Price per unit: | $ 436,250 |
| Year Built: | 1913 |
Property Details
4-plex right on the beach currently operating at a 5.34% CAP RATE! 12 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an A+ neighborhood. All units have been remodeled! One unit is currently vacant, ideal for owner-user opportunity. Each unit offers 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 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.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 30,443 |
| Net Operating Income: | $ 93,672 |
| Cap Rate: | 5.34% |
| Gross Rent Multiplier: | 13.70 |
Structure
| Community Features: | Urban |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LARD1.5 |
| Land Lease Type: | Fee |
Interior
| Laundry: | Inside |
Exterior
| Pool: | No |
Detailed Map
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