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40 18th Avenue

Venice, CA 90291
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Bed 5

Bed

Bath 4

Bath

SqFt2,591

Sqft

SqFt2,841

Sqft(Lot)

New Pricing now a 6.48% Cap Rate! Unit 1 Getting $10k per month for the next 8 months. Designer triplex where the city meets the sand on a quaint brick road in Venice Beach. Two blocks from the rumored new Venice Soho House and the 2028 Olympic Triathlon finish line, the location is next to none and anchors the Windward Circle and Boardwalk scenes. 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 a unit 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. Each unit is separately metered, has AC, has private outdoor space, private laundry and 1 parking spot. This property has been lovingly updated with mid century flair and high-end finishes and is ready for the next set of hands. Furniture purchase option available. Fun Fact - Unit #3 recently achieved $7k/month. Check out the attached OM and Property Video.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,995,000

AD Id : 88366376

MLS Id : 26845873

Beds : 5

Lot Size : 2,841 Sqft

Living Area Size : 2,591

Year Built : 1970

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 4
  • Interior Features

    Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Electric

  • Building Information

    Year Built: 1970
    Building Area Total: 2591
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 2841 Lot Size Acres: 0.0652 Lot Size Square Feet: 2,841

  • Listing Price Information

    Listing Price: $2995000
    Original Price: $3395000

  • Tax Information

    Parcel Number: 4226011020

  • Location Information

    Direction: At the corner of Pacific and 18th Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3932 Glencoe Avenue, Venice, CA, 90291 $4,298,000 4 6 4,325 6,188 Sqft
2403 Louella Avenue, Venice, CA, 90291 $2,495,000 -- -- 2,947 5,858 Sqft
2445 Glyndon Avenue, Venice, CA, 90291 $4,650,000 5 5 3,950 5,850 Sqft
2458 Walnut Avenue, Venice, CA, 90291 $1,795,000 3 1 1,124 5,847 Sqft
1347 Palms Boulevard, Venice, CA, 90291 $9,600,000 4 4 3,872 10,898 Sqft
2106 Glyndon Avenue, Venice, CA, 90291 $9,500,000 5 6 3,900 11,168 Sqft
2036 Glyndon Avenue, Venice, CA, 90291 $4,995,000 5 5 4,275 5,442 Sqft
1531 Glencoe Avenue, Venice, CA, 90291 $3,900,000 4 5 3,240 5,898 Sqft
2515 Lincoln Boulevard, Venice, CA, 90291 $2,699,000 3 3 2,801 1,866 Sqft
2513 Lincoln Boulevard, Venice, CA, 90291 $2,699,000 3 -- 2,801 1,866 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/09/2026 @ 06:34

MLS: 26845873 LISTED BY: Amanda Robertson, Amanda Robertson 310-614-8071 SOURCE: CRMLS

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