22 20th ave, Venice, CA 90291
Active
$2,050,000
6 Units
4 Beds
6 Baths
2,980 Area(sq.ft.)
Lot: 2,634 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 1,730 | $ 1,730 | $ 1,800 |
| Unit 2 | 1 | 1 | 1 | No | $ 1,671 | $ 1,671 | $ 1,800 |
| Unit 3 | 1 | 1 | 1 | No | $ 917 | $ 917 | $ 1,800 |
| Unit 4 | 1 | 1 | 1 | No | $ 860 | $ 860 | $ 1,800 |
| Unit 5 | 1 | studio | 1 | No | $ 768 | $ 768 | $ 1,800 |
| Unit 6 | 1 | studio | 1 | No | $ 717 | $ 717 | $ 1,800 |
| 6 | 4 | 6 | $ 6,663 | $ 6,663 | $ 10,800 |
| MLS #: | 25521353 |
| Days On Market: | 246 |
| Listing Date: | April 4, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 688 |
| Price per unit: | $ 341,667 |
| Year Built: | 1912 |
Property Details
Prime Venice Beach location with 6 total rental units! Introducing an incredible opportunity to own an investment property, nestled on a lovely walk street, just 1.5 blocks from the world-famous Venice Beach Boardwalk. Located between Speedway and Pacific Avenue, this pride-of-ownership asset has been in the same family for generations. The property consists of six units (4 one-bedrooms and 2 studios), offering a rare blend of timeless Craftsman character and income potential. A gated front yard (with astroturf and fencing) offers a great communal space for playing, relaxing and/or barbecuing. Located just one block from the beach and a short stroll to Abbot Kinney, the Venice Canals, and iconic local spots like Hotel Erwin, The Venice Whaler, Great White, Ospi, and Gjusta. There is tremendous potential for this property in the heart of Silicon Beach, the prime hotbed for technological and creative innovation.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 85,867 |
| Total Annual Expense: | $ 26,884 |
| Net Operating Income: | $ 58,982 |
| Gross Annual Income: | $ 85,867 |
| Gross Rent Multiplier: | 23.87 |
Structure
| Type of Units: | Single |
| Buildings: | 2 |
| Levels: | Multi/Split |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | None |
Interior
| AC/Cooling: | Other |
| Equipment: | Other |
| Heating: | Other |
Exterior
Detailed Map
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