Properties

Venice, CA 90291 35 23rd Avenue

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Presented By: Robert Maschio with Compass;
  • MLS# 26644109
  • 03/03/2026
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  • Beds • 4
  • Baths • 2
  • SQFT • 2,642

Home Details

4 unit Venice Beach Trophy property on a highly desirable, quiet walk street. Located just 100 yards from the nicest stretch of Venice Beach, this exceptional property represents a true opportunity in one of Southern California's most coveted coastal neighborhoods. Opportunities like this combining location, unit conditions, and income stability, with room for price appreciation, are exceedingly desirable. The property has been very well maintained with a desirable unit mix of two (2) spacious 2-bedroom units and two (2) studio units. There is also a spacious front patio common area for relaxing, sunbathing & entertaining. Each residence is equipped with its own in-unit washer and dryer, the 2-bedroom units each include two dedicated parking spaces, an invaluable amenity this close to the beach. All units are individually metered for gas and electricity, keeping operating expenses efficient and straightforward. The building falls under rent control, but all units are currently leased at healthy market rents, providing immediate, stable income with long-term upside. Just steps from the sand, dining, shopping, and the best of Venice living, yet tucked away on a peaceful walk street, this property offers the perfect balance of lifestyle, scarcity, and investment quality. Ideal for discerning investors seeking a low-maintenance, blue-chip coastal holding with enduring value.
Presented By: Robert Maschio with Compass;

Interior Features for 35 23rd Avenue

Bedrooms

Total Bedrooms4

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NYes
Total Stories2

General for 35 23rd Avenue

AppliancesDishwasher, Gas Cooktop, Gas Oven, Oven, Refrigerator, Dryer, Washer
Cap Rate4.4
CityVenice
Community FeaturesGated
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
DirectionsGoogle/Apple Maps
DisclosuresCoastal Zone, Rent Control
Entry LocationGround Level - no steps
Facing DirectionSouth
Full Baths
Gross Income163800
HOANo
HeatingRadiant
Insurance Expense5000
LevelsMulti/Split
Living Area2642
Lot Size Square Feet2641
Lot Size UnitsSquare Feet
MLS AreaC11 - Venice
MaintenanceExpense2500
Net Operating Income119860
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4
Patio/Porch FeaturesOpen, Patio
Pool FeaturesFenced
PossessionClose Of Escrow
PostalCityVENICE
Property ConditionUpdated/Remodeled
Property TypeResidential Income
Rent Control Y/NYes
Security FeaturesGated Community
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Taxes$32,940
Virtual TourClick here
Water Sewer Expense3000
Year Built1965
ZoningLARD1.5

Exterior for 35 23rd Avenue

Building Area Total2642
Exterior AmenitiesBrick Driveway
Foundation DetailsSlab
Lot Size Acres0.0606
Lot Size Area2641
Number of Buildings1
Parking FeaturesOne Space, Shared Driveway
Total Parking4

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,750,000
MLS#26644109
List Date 03/03/2026
Property Type Multi-Family
Phone 888.795.6274
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