40 18th Avenue, Venice, CA 90291
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
40 18th Avenue,Venice, CA 90291
$3,395,000
- 5 Beds
- 4 Baths
- 2,591 sq. ft.
- Multi-family
- Active
Listed by: amanda robertson
Office: amanda robertson310-614-8071
MLS#:26845873
Source:CRMLS
Price summary
- Price:$3,395,000
- Price per sq. ft.:$1,310.3
About this home
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. Unit #1 is booked for $10k/month for 5 months end of 2026. 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. Check out the attached OM and Property Video....
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Home facts
- Year built:1970
- Listing ID #:26845873
- Added:21 day(s) ago
- Updated:August 06, 2026 at 10:36 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Kitchen Description:Dishwasher, Disposal, Refrigerator
- Living area:2,591 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1970
- Building area:2,591 sq. ft.
- Lot area:0.07 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,395,000
- Price per sq. ft.:$1,310.3
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:3
- Parking description:3 Carport Space(s), Assigned, Carport, Covered
- Carport spaces:3
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