$1,875,000 Price Analysis 12 25th PlVenice, CA 90291 4 bed 4 bath 2,314 SqFt ($810/SqFt) 1,563SqFt lot. Built 1909 Listed 2024-06-03, Taxes $5,894 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
12-12.5 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an A+ neighborhood. 7/8 units have been extensively renovated. Each unit offers comfortable living spaces and modern amenities, ensuring a desirable rental experience for tenants. Most units are renovated and some units have ocean views. Currently, a majority of units are rented at near-market rents and the property collects a gross income of $245, 064 annually.
Whether you're looking to expand your investment portfolio or seeking a lucrative income-generating property, this offering stands as a testament to the allure of coastal California living combined with the promise of substantial financial returns. 12-12. 25th Pl is located in the heart of Silicon Beach, an area that has attracted a wide range of technology companies including Facebook, Google and Snapchat. Residents njoy the benefits of living in the heart of Venice as the property is close to Abbot Kinney, Santa Monica Pier and much more.
Presented by Cameron Samimi at
Lyon Stahl Investment Re, Inc.
Property MLS #SB24105071 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $192,735 + $288,228 $480,963 | $5,894 |
2021 | $188,956 + $282,577 $471,533 | $5,809 |
2020 | $187,019 + $279,680 $466,699 | $5,866 |
2019 | $183,352 + $274,197 $457,549 | $5,638 |
2018 | $179,757 + $268,821 $448,578 | $5,608 |
2017 | $176,233 + $263,550 $439,783 | $5,490 |
2016 | $172,778 + $258,383 $431,161 | $5,347 |
2015 | $170,183 + $254,502 $424,685 | $5,271 |
2014 | $166,850 + $249,517 $416,367 | $5,312 |
2013 | $166,096 + $248,390 $414,486 | $5,307 |
2012 | $162,840 + $243,520 $406,360 | $5,378 |
2010 | $159,648 + $238,746 $398,394 | $5,275 |
2009 | $158,832 + $237,525 $396,357 | $5,079 |
2009 | $158,455 + $236,962 $395,417 | $5,079 |
2008 | $155,718 + $232,868 $388,586 | $4,865 |
2007 | $152,665 + $228,302 $380,967 | $4,702 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.