$2,695,000
-$55,00035 23rd Avenue, Venice CA 90291
Multi-Family (4 Units)
Property type
94 days
On market
$1,020
Price per sqft
N/A
Garage
1965
Year built
2,641 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Robert Maschio DRE #02010887 310-460-8324, Compass
Listing updated: May 27, 2026 at 10:33pm.
Last checked: Jun 3, 2026 at 09:31pm
Source: CRMLS #26644109
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $4,500 | $4,500 | $4,750 | Unfurnished |
| 2 | 0 | 1 | — | $2,250 | $2,250 | $2,350 | Unfurnished |
| 3 | 2 | 2 | — | $4,700 | $4,700 | $4,750 | Unfurnished |
| 4 | 0 | 1 | — | $2,200 | $2,200 | $2,350 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Dishwasher: 4
Refrigerator: 4
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
16.5x
List Price / Annual Gross Rent
Cap Rate
4.55%
NOI / List Price
Net Operating Income: $122,675
Annual Operating Expenses
Insurance: $2,500
Maintenance: $2,400
New Taxes: $31,725
Water / Sewer: $4,500
Interior
Cooling: None
Heating: Radiant
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Oven, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Entry Location: Ground Level - No Steps
Exterior
Stories Total: 2
Levels: Multi Split
Foundation: Slab
Construction Materials: Stucco
Property Condition: Updated Remodeled
Exterior: Brick Driveway
Direction Faces: South
Security Features: Gated Community
Pool: Fenced
Patio and Porch Features: Open, Patio
Garage and Parking
Parking: One Space, Shared Driveway
Uncovered Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 4226015014
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 35 23rd Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,156,000
Total Interest
$2,749,859
Total Payment
$4,905,859
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,585
per month
Property History for 35 23rd Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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