Venice, CA 90291 12 25th Place
$1,875,000
27 more
Presented By: Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.; 310-259-7556
Beds • 1
Baths • 1
SQFT • 1,948
Home Details
4-plex right on the beach! 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 extensively remodeled!
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.
Presented By: Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.; 310-259-7556
Interior Features for 12 25th Place
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 12 25th Place
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.69
Carport Y/NNo
CityVenice
Community FeaturesUrban
CountyLos Angeles
DirectionsOff of Pacific and Venice
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Expected Active Date 2024-10-23
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income125652.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet1080.0
Lot Size UnitsSquareFeet
MLS AreaC11 - Venice
MobileHomeRemainsYNNo
Net Operating Income87902.0
New ConstructionNo
NumberOfUnitsTotal4
Operating Expense33980.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot27
TermsCash, CashToNewLoan, Conventional, Exchange1031
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1913
Year Built SourceAssessor
ZoningLARD1.5
Exterior for 12 25th Place
Building Area Total1948.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.0248
Lot Size Area1080.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480