40 18th Ave Venice, CA 90291
Venice NeighborhoodEstimated payment $20,687/month
Highlights
- Air Conditioning
- Heating Available
- 3-minute walk to Windward Plaza
- Venice High School Rated A
About This Home
Designer triplex where the city meets the sand on a quaint brick road in Venice Beach. Two blocks from the new Venice Soho House, the location is next to none and anchors the Windward Circle and Boardwalk scenes. Purchase this property to watch the 2028 Olympic Triathlon finish line at the end of Venice Blvd! This restored, 3-unit property offers strong income with a proven track record in 30 day rentals and long term rentals. There are multiple cash flow options to choose from: 1031 and continue the lucrative Airbnb rental business plan, move into the gorgeous front townhome and lease the others to mitigate your mortgage, or rent the entire property with standard long term leases and less turnover. No matter what path you choose, you will be riding the large Windward Circle wave of upside as the area continues to surprise and delight with new restaurants and activities. Each unit has private outdoor space, private laundry and 1 parking spot. This property has been lovingly updated with mid century appeal and high-end finishes and is ready for the next set of hands. True 5.3% cap rate and 14 GRM on current Airbnb income. Furniture purchase option available. More Fun Facts - Unit #1 is booked for $10k/month for 5 months end of 2026 AND Soho House is opening a new location two blocks away on Market. Check out the attached OM and Property Video.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 2,841 Sq Ft Lot
Interior Spaces
- 2,591 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 3 Parking Spaces
- 3 Carport Spaces
- Assigned Parking
Utilities
- Air Conditioning
- Heating Available
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 4226-011-020
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $24,319 | $2,013,954 | $1,991,200 | $22,754 |
| 2024 | $24,052 | $1,974,465 | $1,952,157 | $22,308 |
| 2023 | $23,586 | $1,935,751 | $1,913,880 | $21,871 |
| 2022 | $22,485 | $1,897,796 | $1,876,353 | $21,443 |
| 2021 | $22,211 | $1,860,585 | $1,839,562 | $21,023 |
| 2020 | $22,442 | $1,842,508 | $1,820,700 | $21,808 |
| 2019 | $21,542 | $1,806,400 | $1,785,000 | $21,400 |
| 2018 | $4,466 | $349,328 | $72,039 | $277,289 |
| 2016 | $4,254 | $334,804 | $69,243 | $265,561 |
| 2015 | $4,195 | $329,776 | $68,203 | $261,573 |
| 2014 | $4,228 | $323,317 | $66,867 | $256,450 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/21/2026 06/21/26 | For Sale | $3,395,000 | +91.8% | $1,310 / Sq Ft | |
| 05/07/2018 05/07/18 | Sold | $1,770,000 | -6.6% | $728 / Sq Ft | View Prior Sale |
| 01/25/2018 01/25/18 | For Sale | $1,895,000 | -- | $779 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $1,770,000 | Provident Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,265,000 | New Conventional | |
| Closed | $1,300,000 | Purchase Money Mortgage | |
| Previous Owner | $400,000 | Credit Line Revolving |
Source: The MLS
MLS Number: 26845873
APN: 4226-011-020
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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