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40 18th Ave

venice, CA 90291

US$3,395,000

  • 5 BR
    approx. 2,591 SF

Interested? Let's Connect

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.

Details

2,591 Sq Ft

2,841 Sq Ft Lot Size

investment

Built in 1970

MLS/Listing ID 26845873

2 Stories

3 Units

Amenities & Features

Heating - Electric

Parking - Carport

Parking - Assigned

Estimate my mortgage

TOTAL MONTHLY COST

US$0

  • PRINCIPAL & INTEREST

    US$0

  • PROPERTY TAXES

    US$0

  • Common Charges

    US$0

HOME PRICE
DOWN PAYMENT
TERM
INTEREST

Interested In 40 18th Ave?

NJMLS

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