24 20Th Ave, Venice, CA 90291
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24 20Th Ave Venice, CA 90291

$2,190,000
  • 4 Beds
  • 3.5 Baths
  • 1,755 Sq.Ft.
For Sale
$2,190,000 Get Pre-Qualified

Map preview of 24 20Th Ave, Venice, CA 90291

Property Overview: 24 20Th Ave Venice, CA has 4 bedrooms, 3.5 bathrooms, 1,755 living square feet and 2,632 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Only steps to the legendary Venice Boardwalk, this Mid-Century triplex on a walkstreet includes two, one bedroom, one bathroom units (front unit has recently been remodeled and includes stackable laundry and good size front yard) and one recently remodeled two bedroom, one and a half bath loft unit with ocean view and balcony. The loft unit is light and bright with modern open floor plan, including stackable laundry space. There are three parking spaces under the structure with easy access from the alley, and a fenced yard in the front. The front unit facing the walkstreet was recently remodeled in July of 2022, the middle unit is currently occupied by a long term month to month tenant ($1,000/month), and the remodeled loft unit is currently occupied by a short term month to month tenant ($3,400 furnished). Live in one and rent the other two! Fantastic location walking distance to Venice Beach, Boardwalk, Abbot Kinney Blvd., Washington Blvd., and Windward Circle. This is a great opportunity for owner/user, value add, or investor/developer with vision to build upward and take advantage of breathtaking ocean views. Seller is willing to help with a rate buy down at the right price!

Listed by Josh Brenner | BRE #01854403 | Compass
Last checked: 59 seconds ago | Last updated: February 27th, 2023 | Source CRMLS | DOM: 172
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Home details

Lot Sq. Ft
2,632
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
SR22205895
City
Venice
County
Los Angeles
Time on Site
176 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $3,400
  • Total Rent: $3,400
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,400
  • Net Operating Income: $4,137
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $263
  • Electric: $75
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $113
  • Water/Sewer: $75

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Property Details for 24 20Th Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Stackable
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 4226013022
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Pacific Ave. to 20th Ave.
Neighborhood Information
  • Community Features: Biking, Park, Watersports, Sidewalks
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Sale History for 24 20Th Ave

Last sold for $1,740,000 on April 4th, 2019
  • September, 2022

  • Sep 26, 2022

    Date

    Active

    CRMLS: SR22205895

    $2,280,000

    Price

  • September, 2021

  • Sep 10, 2021

    Date

    Canceled

    CRMLS: SR21003752

    $2,420,000

    Price

  • Jan 7, 2021

    Date

    Active

    CRMLS: SR21003752

    $2,420,000

    Price

  • Listing provided courtesy of CRMLS

    Only steps to the legendary Venice Boardwalk, this Mid-Century triplex on a walkstreet includes two one bedroom, one bathroom units and one recently remodeled two bedroom, one and a half bath loft unit with ocean view and balcony. The loft unit is light and bright with modern open floor plan, including stackable laundry space. There are three parking spaces under the structure with easy access from the alley, and a fenced yard in the front. The front unit is currently occupied by a short term month to month tenant ($1,700/month), the middle unit is currently occupied by a long term month to month tenant ($850/month), and the remodeled loft unit is available for you to live in or lease. Fantastic location walking distance to Venice Beach, Boardwalk, Abbot Kinney Blvd., Washington Blvd., and Windward Circle. This is a great opportunity for owner/user, value add, or investor/developer with vision to build upward and take advantage of breathtaking ocean views.

  • January, 2021

  • Jan 6, 2021

    Date

    Canceled

    CRMLS: SR20021400

    $2,420,000

    Price

  • Aug 29, 2020

    Date

    Price Change

    CRMLS: SR20021400

    $2,420,000

    Price

  • Apr 1, 2020

    Date

    Price Change

    CRMLS: SR20021400

    $2,490,000

    Price

  • Feb 18, 2020

    Date

    Price Change

    CRMLS: SR20021400

    $2,540,000

    Price

  • Jan 30, 2020

    Date

    Active

    CRMLS: SR20021400

    $2,640,000

    Price

  • Listing provided courtesy of CRMLS

    Only steps to the legendary Venice Boardwalk, this Mid-Century triplex on a walkstreet includes two one bedroom, one bathroom units and one recently remodeled two bedroom, one and a half bath loft unit with ocean view and balcony. The loft unit is light and bright with modern open floor plan, including stackable laundry space. There are three parking spaces under the building with easy access from the alley, and a fenced yard in the front. The front unit is currently occupied by a short term tenant on a lease, the middle unit is currently occupied by a month to month long term tenant, and the remodeled loft unit is not currently occupied. Fantastic location walking distance to Venice Beach and Boardwalk, Abbot Kinney Blvd., Washington Blvd., and Windward Circle. This is a great opportunity for owner/user or investor/developer with vision.

  • April, 2020

  • Apr 21, 2020

    Date

    Expired

    CRMLS: SR19271513

    $6,000

    Price

  • Nov 25, 2019

    Date

    Active

    CRMLS: SR19271513

    $6,000

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled and fully furnished, modern open floor plan with a loft and amazing location, a stone's throw from the Boardwalk in Venice. This stylish unit includes two queen size beds, living and dining furniture, a kitchen with mini fridge, AC and heat, in unit laundry, and one and half baths. There is also carport parking for one car. Partial ocean view from the loft.

  • April, 2019

  • Apr 5, 2019

    Date

    Sold

    CRMLS: 18397352

    $1,740,000

    Price

  • Feb 11, 2019

    Date

    Pending

    CRMLS: 18397352

    $1,800,000

    Price

  • Feb 4, 2019

    Date

    Active

    CRMLS: 18397352

    $1,800,000

    Price

  • Jan 15, 2019

    Date

    Pending

    CRMLS: 18397352

    $1,800,000

    Price

  • Jan 3, 2019

    Date

    Price Change

    CRMLS: 18397352

    $1,800,000

    Price

  • Nov 19, 2018

    Date

    Price Change

    CRMLS: 18397352

    $1,900,000

    Price

  • Oct 16, 2018

    Date

    Active

    CRMLS: 18397352

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    Classic Mid-Century 2 Story Venice triplex located on a walkstreet just steps to the world famous Venice Boardwalk. Property has 3 tuck under parking spaces in rear alley. Property recently painted. Front 1br 1ba unit currently vacant. Middle unit currently occupied with month to month long term tenant. Rear unit is a unique 2 story loft style unit and will be delivered vacant. Large fenced in front yard. Property ready for your investors remodel to make a fantastic Venice compound. Property walking distance to Windward Circle, Abbot Kinney Blvd, Venice Beach, and Washington Blvd. Call listing agent for all the details.

  • April, 2019

  • Apr 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,740,000

    Price

  • April, 1999

  • Apr 7, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 24 20Th Ave

Assessed Value (2020): $1,774,800
Year Land Value Improved Value Assessed Value
2020 $1,734,000 $40,800 $1,774,800

Home Value Compared to the Market

This property vs the competition

24 20Th Ave is listed 25.76% lower than the median list price for the city of Venice which has a median list price of $2,950,000. The median price per/sqft for Venice is $1,228 and this home is listed at $1247.86 per/sqft which puts the price per square foot 1.62% higher than the median price per square foot for the city of Venice.

About 24 20Th Ave

Detailed summary of property

24 20Th Ave is a multi family located in Venice, CA 90291 and is currently for sale. This multi family property offers 4 bedrooms, 3.5 bathrooms, roughly 1,755 living square feet, and sits on an approximately 2,632 square foot lot. 24 20Th Ave was first listed on ArdentRealEstateGroup.com on September 27, 2022. The homeowner is currently asking $2,190,000 and was originally asking $2,280,000. The median priced home in Venice is $2,950,000 with a median price per square foot of $1,228. Based on Ardent Real Estate Group's Venice Market Data, this home is listed 25.76% lower than the median priced home. Local competing homes currently for sale include 621 Rose Ave, 713 Sunset Ave and 633 Rose Ave. While the average home in Venice, CA is selling in 98 days, 24 20Th Ave has a days on market of 172 days. There are currently 101 homes for sale in the Venice real estate market and 87 of them are single family homes while 8 of them are condos and 6 are townhomes. For more information on this home for sale at 24 20Th Ave Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 24 20Th Ave

Public county record property details
Beds
3
Baths
3
Year built
1948
Sq. Ft.
1,755
Lot Size
2,632
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
4226-013-022

The source for these homes facts are from public records.

90291 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,995,000
Median List Price/Sq.Ft.
$1,246
Median Sold Price
$2,000,000
Median Sold Price/Sq.Ft.
$1,040
Total Inventory
95
Median Sale to List Price %
88.93%
Avg Days on Market
37
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (21.43%), Other (7.14%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.