310-877-2348
22 28th Ave, Venice, CA for Sale
Apartments - FOR SALE
1/42
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22 28th Ave
Venice, CA 90291


HIGHLIGHTS

  • Upscale multifamily investment includes three apartments and a luxury townhouse, fully occupied at above-market rents, delivering strong cash flow.
  • Situated on a rare double lot, the opportunity provides the long-term upside for expansion or redevelopment.
  • Just one block from Venice Beach, residents have immediate access to Marina del Rey, Penmar Golf Course, and quality shopping and dining options.
  • Average rents in the area are approximately 50% above the Greater Los Angeles area, with submarket vacancies of just 5.3%.
  • High-end unit features include balconies, plank flooring, large windows, stainless steel appliances, and in-unit washer/dryers.
  • Meticulously landscaped 0.12-acre double lot with a fenced yard, two garages, and two on-site surface parking spaces.

FOR SALE DETAILS

PRICE

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# OF UNITS

4

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

High-Yield Venice Beach Resi Investment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,279 SF

ZONING

LARD1.5

APN/PARCEL ID

4226-021-026

ASK ABOUT THIS PROPERTY

Eli MashiachMGB Realty Group IncMore Info
310-877-2348

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Eli MashiachMGB Realty Group IncMore Info
310-877-2348

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.