35 23rd Avenue Venice, CA $ 2,750,000
35 23rd Avenue
$ 2,750,000
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35 23rd Avenue

Venice, CA, 90291
$ 2,750,000
Bedrooms4 Baths2.0 Sq 2,642

Monthly Estimate*

$ 16,932

Listed by Compass
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Multi-Family Home for sale in Venice, CA

for $2,750,000 with 4 bedrooms and 2 full baths. This 2,642 square foot home was built in 1965 on a lot size of 0.0606.

4 unit Venice Beach Trophy property on a highly desirable, quiet walk street. Located just 100 yards from the nicest stretch of Venice Beach, this exceptional property represents a true opportunity in one of Southern California's most coveted coastal neighborhoods. Opportunities like this combining location, unit conditions, and income stability, with room for price appreciation, are exceedingly desirable. The property has been very well maintained with a desirable unit mix of two (2) spacious 2-bedroom units and two (2) studio units. There is also a spacious front patio common area for relaxing, sunbathing & entertaining. Each residence is equipped with its own in-unit washer and dryer, the 2-bedroom units each include two dedicated parking spaces, an invaluable amenity this close to the beach. All units are individually metered for gas and electricity, keeping operating expenses efficient and straightforward. The building falls under rent control, but all units are currently leased at healthy market rents, providing immediate, stable income with long-term upside. Just steps from the sand, dining, shopping, and the best of Venice living, yet tucked away on a peaceful walk street, this property offers the perfect balance of lifestyle, scarcity, and investment quality. Ideal for discerning investors seeking a low-maintenance, blue-chip coastal holding with enduring value.

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Multi-Family Active

Price

$ 2,750,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0606

Year Built

1965

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

26644109

Days on Market

2

Features
General
Living Area 2642
Heating Radiant
Cooling None
Possession Close Of Escrow
Appliances Dishwasher Gas Cooktop Gas Oven Oven Refrigerator Dryer Washer
Zoning LARD1.5
Patio/Porch Features Open Patio
Pool Features Fenced
Security Features Gated Community
Construction Materials Stucco
Year Built 1965
Levels Multi/Split
Gross Income 163200
Community Features Gated
County Los Angeles
Net Operating Income 119260
Insurance Expense 5000
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 2500
Facing Direction South
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Google/Apple Maps
City Venice
Disclosures Coastal Zone Rent Control
Entry Location Ground Level - no steps
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 4
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 2641
Property Condition Updated/Remodeled
Water Sewer Expense 3000
Rent Control Y/N true
Virtual Tour https://youtu.be/nHsw0oYYKEs
Standard Status Active
Taxes 32940
Cap Rate 4.44
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 4
Total Baths 6
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Exterior
Exterior Amenities Brick Driveway
Parking Features One Space Shared Driveway
Total Parking 4
Lot Size Area 2641
Foundation Details Slab
Number of Buildings 1
Building Area Total 2642
Lot Size Acres 0.0606
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* Excluded Features
List By
Compass

Broker

robert.maschio@compass.com

Email

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$16,932
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Monthly Principal & Interest
$16,932
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/3/2026$2,750,000 Listed Price

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35 23rd Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $2,750,000 with 2,642 sqft and a lot size of 0.0606. 35 23rd Avenue has 4 bedrooms, 2.0 baths, and was built in 1965. The property's zip code is 90291 which is in Venice, CA