1 of 20

Want to see this property?

40 24th Place

Venice, CA 90291

6 beds
5 baths
3,000 sqft
2,651 sqft lot
$833 per sqft
1969 build
– on site

40 24th Pl is a pride-of-ownership triplex situated on a coveted walk street in Venice, just steps from the beach and the iconic Venice Canals. Sitting on a street-to-alley lot, this well-maintained property offers a strong unit mix, including (1) 3-bed/2-bath unit, (1) 2-bed/2-bath unit, and (1) 1-bed/1-bath unit. This is an excellent owner-user opportunity. The property features three tandem carport spaces (six total) and in-unit laundry, adding convenience for tenants. Outdoor spaces include a private patio facing the walk street and a second-story balcony, perfect for enjoying the coastal breeze. With a 3.66% CAP rate and a 17.88 GRM, this is an exceptional investment in an A+ Venice location with strong long-term appreciation potential. Ideally positioned one block from the beach and the Venice Canals, and less than a mile from Abbot Kinney Blvd’s shops and restaurants, this triplex presents a rare opportunity to own a high-quality asset in one of LA’s most desirable coastal neighborhoods.

Listed By CRMLS_CA / Brett Lyon / Lyon Stahl Investment Real Estate, Inc. / 3107801899

Last checked: Checking… • Last updated Mar 26, 2025 •

MLS# SB25064941 —

This property is listed in more than one place. See it here, and here, and here.

The Building

Year Built:

1969
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

3
Structure Type:

Triplex
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls

Interior

Levels:

Two
Entry Location:

1
Room Type:

Main Floor Bedroom
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

No
Fireplace:

None
Laundry:

Common Area
Laundry:

1

Room Dimensions

Living Area:

3000.00

Location

Directions:

Near the intersection of Pacific Ave and 24th Place, 1 block from the beach
Latitude:

33.98320500
Longitude:

-118.46877300

The Property

Property Type:

Residential
Subtype:

Triplex
Zoning:

LARD1.5
Lot Features:

2-5 Units/Acre
Lot Size Area:

2651.0000
Lot Size Acres:

0.0609
Lot Size SqFt:

2651.00
Lot Size Source:

Assessor
View:

None
Property Attached:

1
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2739.02
Tax Tract:

273...
Tax Lot:

18

Beds

Total Bedrooms:

6
Main Level Bedrooms:

6

Baths

Total Baths:

5
Full & Three Quarter Baths:

5
Main Level Baths:

5
Full Baths:

5

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4226017017

Heating & Cooling

Cooling:

No
Cooling:

None

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

High School:

Venice
High School:

VENICE
High School District:

Los Angeles Unified

The Community

Features:

Biking
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

No
Assessments:

None

Parking

Parking Spaces:

6.00
Carport Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/25/25 Mar 25, 2025	Listed / Active	CRMLS_CA	$2,500,000	4.2% (1.4% / YR)
2/28/22 Feb 28, 2022		CRMLS_CA	$2,400,000	-2.0%
2/3/22 Feb 3, 2022		CRMLS_CA	$2,450,000	-2.0%

Multifamily For Sale

$2,500,000

Listing provided by broker:

Brett Lyon

Lyon Stahl Investment Real Estate, Inc.

3107801899

Want a closer look?

Go see 40 24th Place

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Los Angeles, CA

Similar sold homes

This multifamily located in Silicon Beach, Los Angeles, CA 90291 is currently for sale for $2,500,000. 40 24th Place is a 3,000 square foot multifamily with 6 beds and 5 baths that has been on Estately for 1 days. 40 24th Place is in the Silicon Beach neighborhood of Los Angeles and has a WalkScore® of 90, making it very walkable. This multifamily is in the attendance area of Mark Twain Middle School and Venice Senior High School.

Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 07:11 on Mar 26.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.