$2,650,000
$125K PRICE DROP

Estimated payment $17,337/month

Total Views 2,752
7 Beds
6 Baths
3,216 Sq Ft
$824 Price per Sq Ft

Highlights

  • Ocean View
  • Beach Access
  • Central Heating and Cooling System
  • Venice High School Rated A
  • Corner Lot
  • 3-minute walk to Windward Plaza

About This Home

PORTFOLIO SALE: 11 19TH AVE (3 UNITS), 20 19th AVE (4 UNITS) & 11 20th AVE (3 UNITS) PROPERTIES CAN BE SOLD TOGETHER OR SEPARATELY... 11 20th Ave, an incredible triplex a stone's throw away from the beach in Venice. This is a unique investment opportunity with one of the highest income potentials of any triplex in Venice. Situated on the corner of 20th Ave and Speedway on a charming "Walk-Street", this 3,216 square foot triplex features a ground floor unit with 3 bedrooms / 3-bathrooms. The second floor is comprised of two more units, one large & bright 3-bedroom / 2-bathroom, and another 1-bedroom / 1-bathroom unit. All three units have been tastefully remodeled with hardwood floors, quartz countertops, newer appliances, updated bathrooms, central A/C, and more. The main electrical panel, electrical wiring, and all the in-unit sub panels have also been upgraded. Current ownership has also installed double glazed windows throughout, done significant recent structural upgrades, and completed extensive copper plumbing replacements.11 20th Ave comes with ample amenities: the upstairs 3-bedroom unit includes an in-unit washer & dryer, and there is a community laundry room for the other two units (machines owned by landlord). There are three tuck-under parking spaces available behind the building, and an EV charger has been installed for tenant use. Lastly, there is a large, shared patio facing the 20th Ave walk-street. This corner-lot rental property is in an ultra-prime location of Venice Beach, just steps away from the Venice Boardwalk. Whether for an owner-user or pure investor, 11 20th Ave is the ideal small multifamily investment on Venice Beach.

Listing Agent

Jake Glaser

Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 05/14/2025

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,414

Year Built

  • Built in 1966

Lot Details

  • 2,642 Sq Ft Lot
  • Corner Lot

Interior Spaces

  • 3,216 Sq Ft Home
  • 2-Story Property
  • Ocean Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Covered Parking

Additional Features

  • Beach Access
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4226-012-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,414

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 3216
  • Lot Acreage: 0.0607
  • Probate: No
  • Stories: 2
  • Year Built: 1966
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Common Walls: Attached
  • Laundry: Community, In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 824.00

Exterior Features

  • Other Structures: None
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Covered Parking
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 19.99
  • Assessed Improvement Value: 533517
  • Assessed Land Percent: 80.01
  • Assessed Land Value: 2134900
  • Total Assessed Value: 2668417
  • Assessor Parcel Number: 4226-012-006
  • Lot Location: Beach Access, Corner Lot
  • Lot Size Area: 2642

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.34
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 49549
  • Type Of Units: 1+1,3+2,3+3
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,414 $2,721,785 $2,177,598 $544,187
2024 $32,414 $2,668,417 $2,134,900 $533,517
2023 $31,782 $2,616,096 $2,093,040 $523,056
2022 $30,295 $2,564,800 $2,052,000 $512,800
2021 $31,004 $2,606,303 $2,112,662 $493,641
2020 $25,843 $2,123,835 $2,069,355 $54,480
2019 $24,805 $2,082,220 $2,028,780 $53,440
2018 $24,722 $2,041,420 $1,989,000 $52,420
2016 $30,186 $2,509,704 $2,283,353 $226,351
2015 $29,741 $2,472,006 $2,249,055 $222,951
2014 $29,834 $2,423,584 $2,205,000 $218,584
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $2,650,000 -4.5% $824 / Sq Ft
05/14/2025 05/14/25 For Sale $2,775,000 +38.8% $863 / Sq Ft
12/30/2016 12/30/16 Sold $2,000,000 -13.0% $622 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/30/2016 10/30/16 For Sale $2,300,000 -- $715 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,565,000 Equity Title Company
Grant Deed -- None Available
Grant Deed -- First American Title
Grant Deed -- First Amer Ttl Co Los Angele
Grant Deed -- First Amer Ttl Co Los Angele
Grant Deed $2,000,000 Fidelity Sherman Oaks
Grant Deed -- None Available
Grant Deed $2,217,500 Chicago Title Co
Grant Deed $1,325,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 Construction
Previous Owner $400,000 Commercial
Previous Owner $1,410,000 Commercial
Previous Owner $318,700 Credit Line Revolving
Previous Owner $993,750 Fannie Mae Freddie Mac
Previous Owner $600,537 Unknown
Closed $198,750 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25539037

The MLS

APN: 4226-012-006