2418 Pacific Avenue, Venice, CA 90291
-
Listed Price :
$2,150,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1965
Property Description
For the first time in nearly five decades, 2418 Pacific
Ave is now on the market. The sellers own an identical
4-plex next door at 2420 Pacific and are open to offers
on both properties, either together or separately.
These exceptional A-Class Venice assets are on the
walk streets of the Venice Canals and are mere
seconds from the beach. This offering presents an
outstanding opportunity for an investor or owneroccupant
to acquire a trophy asset in a highly
desirable area of Venice Beach. The building boasts
strong in-place rents and is being offered at a 4.68%
cap rate and 15.21 GRM. With parking and outdoor
space available for 3 out of 4 units, a buyer will have
ease when renting, minimizing vacancy loss.
Each property is a 2,802 square feet 4-unit building on
a 2,755-square foot lot. They feature on 3bed/2bath
unit with a patio and 2 parking spaces, one
2bed/1bath unit with a large back deck and 2 parking
spaces, and 2 studio units with one parking space
each and a patio. Reach out for more information
regarding 2420 Pacific Ave.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
2418 Pacific Avenue |
| City |
Venice |
| State |
CA |
| Zip |
90291 |
| County |
Los Angeles |
| Listing Agent |
Cameron Samimi DRE #02035763 |
| Co-Listing Agent |
David Messiah DRE #02117893 |
| Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
| List Price |
$2,150,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
2,755 |
| Year Built |
1965 |
Listing information courtesy of: Cameron Samimi, David Messiah, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 11th, 2025 at 1:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
