40 24th Pl

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.

This home located at 40 24th PL is currently active and has been available on pardeeproperties.com for 1 day. This property is listed at $2,500,000. It has 6 beds and 5 bathrooms. The property was built in 1969. 40 24th PL is in the Venice community of Los Angeles County.

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