$3750000 Price Analysis 12 25th PlVenice, CA 90291 8 bed 8 bath 4262 SqFt ($879/SqFt) 2643SqFt lot. Built 1913 Listed 2024-05-23, Taxes $5544 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Side-by-side 4-plexes right on the beach. 12-12.5 25th Pl, Venice is a prim 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, 064annually.
Wh ether 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 enjoy 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 #SB24096485 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $180356 + $274078 $454434 | $5544 |
2021 | $176820 + $268704 $445524 | $5466 |
2020 | $175007 + $265949 $440956 | $5520 |
2019 | $171576 + $260735 $432311 | $5305 |
2018 | $168212 + $255623 $423835 | $5286 |
2017 | $164914 + $250611 $415525 | $5175 |
2016 | $161681 + $245698 $407379 | $5043 |
2015 | $159253 + $242008 $401261 | $4971 |
2014 | $156134 + $237268 $393402 | $5012 |
2013 | $155429 + $236196 $391625 | $5007 |
2012 | $152382 + $231565 $383947 | $5073 |
2010 | $149395 + $227025 $376420 | $4975 |
2009 | $148632 + $225865 $374497 | $4790 |
2009 | $148279 + $225329 $373608 | $4790 |
2008 | $145718 + $221437 $367155 | $4588 |
2007 | $142861 + $217096 $359957 | $4435 |
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.