$1,999,000

Estimated payment $13,020/month

Total Views 11,364
3 Beds
3 Baths
1,755 Sq Ft
$1,139 Price per Sq Ft

Highlights

  • Central Air
  • Venice High School Rated A
  • 4-minute walk to Windward Plaza

About This Home

Discover the perfect blend of coastal charm and investment potential at 24 20th Ave, Venice, CA 90291. This mid-century triplex, situated on a picturesque walk street, offers three unique units just steps from the world-famous Venice Boardwalk. The property features: Front Unit: A thoughtfully remodeled 1-bedroom, 1-bathroom home featuring a private fenced yard, ideal for entertaining or relaxing. Includes stackable laundry for modern convenience. Middle Unit: A charming and cozy 1-bedroom, 1-bathroom space with a long-term tenant in place, offering steady rental income. Loft Unit: A sleek, multi-level 1-bedroom, 1.5-bathroom loft with a bright, airy design. Enjoy ocean views from the private balcony and the convenience of in-unit laundry on the upper level. Additional conveniences include three parking spaces with alley access and a fenced front yard. Located in one of Los Angeles' most desirable neighborhoods, this property is within walking distance of the vibrant Venice Beach, the iconic Boardwalk, trendy shops and dining on Abbot Kinney Boulevard, the canals, Washington Boulevard, and Windward Circle. The proximity to the ocean offers a daily dose of sea breezes, breathtaking sunsets, and the serene sound of waves. This triplex presents an incredible opportunity for an owner-user, investor, or developer with a vision to maximize the property's potential, including the possibility of building upward to further enhance the already spectacular ocean views. Don't miss this rare chance to own a property in the heart of Venice's coastal paradise!

Listing Agent

Sally Forster Jones

Compass License #00558939 Listed on: 05/15/2025

Compass

Co-Listing Agent

Michael Yue

Compass License #02083986

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,111

Year Built

  • Built in 1948

Lot Details

  • 2,632 Sq Ft Lot

Interior Spaces

  • 1,755 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Covered Parking
  • Assigned Parking

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4226-013-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,111

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 1755
  • Lot Acreage: 0.0604
  • Stories: 3
  • Year Built: 1948
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Equipment: Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 1139.03

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Covered Parking
  • Total Parking: 3

Utilities

  • Cooling: Central, Window Unit(s), Wall/Window
  • Heating: Combination

Lot Info

  • Assessed Improvement Percent: 2.30
  • Assessed Improvement Value: 43743
  • Assessed Land Percent: 97.7
  • Assessed Land Value: 1859197
  • Total Assessed Value: 1902940
  • Assessor Parcel Number: 4226-013-022
  • Lot Size Area: 2632

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.10
  • Number Of Units: 3
  • Total Annual Expense: 45000
  • Type Of Units: 1+1, 1+1.5
  • Vacancy Rate: 4500

Map

Range of Values:

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Average Value
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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
2024 $23,111 $1,902,940 $1,859,197 $43,743
2023 $22,661 $1,865,629 $1,822,743 $42,886
2022 $21,602 $1,829,049 $1,787,003 $42,046
2021 $21,341 $1,793,186 $1,751,964 $41,222
2019 $19,423 $116,063 $50,522 $65,541
2018 $1,583 $113,788 $49,532 $64,256
2016 $1,499 $109,371 $47,609 $61,762
2015 $1,480 $107,729 $46,894 $60,835
2014 $1,506 $105,620 $45,976 $59,644
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $1,999,000 +14.9% $1,139 / Sq Ft
04/04/2019 04/04/19 Sold $1,740,000 -13.0% $991 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
10/15/2018 10/15/18 For Sale $2,000,000 -- $1,140 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,740,000 Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Gift Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $222,500 Unknown
Open $1,305,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: The MLS

MLS Number: 25537839

The MLS

APN: 4226-013-022