22 28Th Place, Venice, CA 90291 - Berkshire Hathaway HomeServices California Properties
22 28th Place Venice, CA 90291
$5,250,000 11 beds, 9 baths
5, 398 sqft

Agent Remarks

Trophy Venice Beach Property with Income + Future Upside. Offered at a 5.26% 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

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25532177
List price is $5,250,000 Reduced by $350,000 on 5/23/2025
Beds: 11
Baths: 9
Built in 1925
5,398 sqft
0.12 acres
Lot size: 0.1212
County: Los Angeles
Zoning: LARD1.5
Parking description: Garage
MLS area: C11 - Venice

Last Updated: 5/23/2025

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This listing belongs to the C11 - Venice MLS area

Lat/Long: 33.980827, -118.467489.
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Listing Agent: Eli Mashiach
Co Listing Agent: Shelly Mashiach
Lic#: 01234982
Office Name: Mission Viejo

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