Venice (C11) Homes with Triplex Subtype

Venice (C11) Homes with Triplex Subtype

Welcome to Venice, California—where the vibrant coastal lifestyle meets the eclectic charm of a historic beach town. Nestled within Los Angeles County, this iconic neighborhood is renowned for its stunning beaches, artistic vibe, and rich cultural history. From the famous Venice Boardwalk, lined with street performers and unique shops, to the picturesque canals reminiscent of its Italian namesake, Venice offers an unparalleled living experience that captures the essence of California coastal living.

For those seeking investment opportunities or multi-family living arrangements, homes with a triplex subtype in Venice present a unique chance to own a piece of this thriving community. Triplex properties not only provide the potential for rental income but also allow for flexible living options—perfect for extended families or those looking to live close to their tenants. Imagine waking up to the sound of waves and the smell of salt in the air, while also enjoying the financial benefits of rental properties in one of the most sought-after neighborhoods in Los Angeles.

The triplex homes in Venice often feature charming architectural details, spacious layouts, and outdoor spaces ideal for soaking up the California sun. With close proximity to trendy cafes, boutique shopping, and vibrant nightlife, residents can enjoy the best of both worlds—serene beach life and dynamic urban living. Whether you're an investor or a homeowner, Venice's triplex properties offer a unique opportunity to immerse yourself in a community that celebrates creativity, diversity, and the laid-back California lifestyle. Explore your options today and discover the potential that awaits you in Venice!

Newest Venice (C11) Homes with Triplex Subtype

$1,900,000
9 Beds ⋅ 6 Baths ⋅ SB26159060 MLS ⋅ Active Status
Situated in the heart of Venice, 1034 Pleasantview Ave presents the opportunity to acquire a well-maintained three-unit multifamily property in one of Los Angeles' most desirable coastal neighborhoods. Built in 1987, the property consists of three spacious 3-bedroom, 2-bathroom units totaling 3,720 square feet on a 4,634 square foot lot. The property's larger floor plans and newer construction provide a highly desirable housing option in a market where demand for quality rental housing remains strong. Offered at a 4.76% Current CAP Rate and 14.59 Current GRM, the property presents investors with the opportunity to acquire a well-located 1980s-constructed asset that is not subject to Los Angeles City Rent Control (only AB 1482 Statewide Rent Control). The property offers strong long-term income growth potential, achieving a projected 8.22% Pro Forma CAP Rate and 9.60 Pro Forma GRM. Recent capital improvements further enhance the property's appeal, including Hardie Board exterior siding, dual-pane windows, and a new roof installed in 2022. Additional amenities include in-unit laundry in all three units and gated carport parking with six total parking spaces. Built in 1987, the property offers a newer construction profile than much of the surrounding multifamily inventory, contributing to its long-term appeal and operational efficiency. Conveniently located just moments from Abbot Kinney Boulevard, Rose Avenue, Venice Beach, and major Westside employment centers, this offering presents an attractive opportunity to acquire a well-positioned multifamily investment in one of Southern California's most sought-after rental markets.

1034 Pleasantview, Venice
$1,900,000
SB26159033 MLS ⋅ Active Status
Situated in the heart of Venice, 1034 Pleasantview Ave presents the opportunity to acquire a well-maintained three-unit multifamily property in one of Los Angeles' most desirable coastal neighborhoods. Built in 1987, the property consists of three spacious 3-bedroom, 2-bathroom units totaling 3,720 square feet on a 4,634 square foot lot. The property's larger floor plans and newer construction provide a highly desirable housing option in a market where demand for quality rental housing remains strong. Offered at a 4.76% Current CAP Rate and 14.59 Current GRM, the property presents investors with the opportunity to acquire a well-located 1980s-constructed asset that is not subject to Los Angeles City Rent Control (only AB 1482 Statewide Rent Control). The property offers strong long-term income growth potential, achieving a projected 8.22% Pro Forma CAP Rate and 9.60 Pro Forma GRM. Recent capital improvements further enhance the property's appeal, including Hardie Board exterior siding, dual-pane windows, and a new roof installed in 2022. Additional amenities include in-unit laundry in all three units and gated carport parking with six total parking spaces. Built in 1987, the property offers a newer construction profile than much of the surrounding multifamily inventory, contributing to its long-term appeal and operational efficiency. Conveniently located just moments from Abbot Kinney Boulevard, Rose Avenue, Venice Beach, and major Westside employment centers, this offering presents an attractive opportunity to acquire a well-positioned multifamily investment in one of Southern California's most sought-after rental markets.

1034 Pleasantview, Venice
$2,695,000
PV26002913 MLS ⋅ Active Status
Don’t miss this exceptional multifamily opportunity in an A+ Venice Beach location. Just blocks from the sand and Abbot Kinney, 241 Horizon Ave is ideally positioned near some of Los Angeles’ best dining, shopping, and entertainment. Built in 1987, the property is permitted as a 2-unit building and features two spacious 3-bedroom, 2-bath units, plus an additional 1-bedroom, 1-bath space (unpermitted) currently used by a tenant as an office. Buyers are advised to conduct their own due diligence and consult with the appropriate authorities regarding the legal use of this third unit. The top-floor residence boasts soaring vaulted ceilings, a fireplace, and a generous rooftop deck with neighborhood views. The middle unit also features a fireplace and decks on both ends, offering excellent indoor-outdoor flow. The ground-level 1-bedroom opens through French doors to a large, private outdoor patio. The building has been well maintained and currently generates $10,950 per month in rental income. It offers garage parking, driveway parking as well as street parking. Properties like this rarely come to market in Venice—an outstanding opportunity in a premier coastal neighborhood.

241 Horizon Avenue, Venice
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