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22 28th Pl, Venice, CA 90291

$4,795,000
•
  • 10

    bed

  • 7

    bath

  • 5,398

    Sqft ($888/Sqft)

Multi-family for sale 153 days
$100K price drop

About 22 28th Pl

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Lot size 5,280 Sqft
Movoto estimate
Property description
Perfect Owner/User or Pied-a-Tere! Rare 4 unit Venice compound on a double lot located in the heart of Silicon Beach. Located just steps from the Beach on a Beautiful walk street surrounded by $5 mil + homes in the most sought after "South Venice Beach" area. seconds to top restaurants and trendy Abbott Kinney. Property consists of a 3 bed townhouse on East side of lot with private yard and private garage which has been recently remodeled with Hardwood flrs, new kitchen and new bathrooms. West lot has 3 units comprised of Penthouse with 3 bed 2 ba, open flr plan, rooftop deck and windows surrounding living rm to make this a bright and airy residence w/ Ocean breezes and partial Ocean views from living rm and balcony. Middle unit is a 3 bed 2 bath unit with a balcony off the living rm, Primary w/ beautiful view of the walk st and front yard. Lower unit is a one bed unit with private parking and use of the front lawn area. Total of 8 parking spaces for the property. Owners unit can be delivered vacant. Cap rate of 5.52.
Listed by
Listing Agent - James Allan
Listing Office - Compass
Source: The MLS mls logo
MLS#26843935 • last updated 2 days ago
Movoto checked The MLS for data 7 minutes ago
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Overview
Levels/Style Multi/Split
MLS # 26843935
Type Residential Income
Status Active
SqFt 5398
Lot Size (SqFt) 5280
Lot Size (Acres) 0.1212
Year Built 1925
Interior
Total # of Baths 7
Total # of Bedrooms 10
Exterior
# Parking Spaces 8
Parking Desc Garage
# Covered Parking Spaces 6
Add'l Structures None
Amenities / Utilities
Equipment Dishwasher, Barbeque, Dryer, Microwave, Garbage Disposal
Location
County Los Angeles
Zoning LARD1.5
APN 4226-021-026
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 3: Projected Rent 4500
Unit 1: Projected Rent 10764
Unit 1: # Beds 3
Unit 4: # Beds 3
Unit 1: Rent 10450
Unit 2: Rent 7400
Unit 3: Rent 3796
Unit 4: Rent 8494
Unit 2: Furnished No
Unit 2: Projected Rent 10000
Unit 4: Projected Rent 10500
Unit 3: # Beds 1
Unit 2: # Beds 3
Unit 2: # Baths 2
Unit 3: # Baths 1
Unit 1: # Baths 2
Unit 4: # Baths 3
Unit 4: Actual Rent 8494
Unit 2: Actual Rent 7400
Unit 3: Actual Rent 3796
Unit Type 2106, 2107, 2108, 2109
Unit 1: Actual Rent 10450
Total # Of Buildings 1
Net Operating Income 275952
Cap Rate 5.52
Vacancy Rate 2
Gross Income 359928
Gross Operating Income 359928
Gross Rent Multiplier 13.9
Total Annual Expenses 83975
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Source: GreatSchools.org © 2026. All rights reserved.

Around Venice

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Walk
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Family
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Dining
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  • Real Estate
  • CA
  • Los Angeles County
  • Venice
  • 90291
  • 22 28th Pl

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