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Remodeled Vacant Triplex
New
For Sale
$2,795,000

18 24th Ave, Venice, CA 90291

Fully vacant multifamily property with renovated interiors, in-unit laundry, and parking.

Property Size2,832 SF
Days on Market4

Property Features for 18 24th Ave

General Information

Standard status Active
Size 2,832 SF
Property subtype MULTI_FAMILY

Units

Unit Mix 2 x 2BR/2BA, 1 x studio
Multifamily Units 3

Amenities

in unit laundry

Building Details

Building Size 2,832 SF
Year Built 1968
Listing Agency: Pardee Properties
Listed By: Meredith Gruszka · License #02013805
Source: Evecap
Added: Sep 9 Changed: Sep 11 Last Checked: Sep 12 at 7:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pardee Properties

Investment Insights

Based on property information with market context.

This 1968-built triplex includes two two-bedroom, two-bath residences and one studio. The property is delivered fully vacant following a complete remodel, with refreshed interiors, new interior and exterior paint, and in-unit laundry. Parking is also provided on site.

Located at 18 24th Ave in Venice, the property is near the beach and within reach of Washington Boulevard, Windward Circle, and Abbot Kinney’s dining, shopping, nightlife, boutiques, restaurants, and galleries. The unit mix and vacant delivery provide a three-unit configuration with immediate occupancy flexibility.

Key Highlights

  • Fully vacant triplex with two 2‑bedroom, 2‑bath units and one studio
  • Complete remodel with updated interiors and fresh interior and exterior paint
  • In‑unit laundry in all three residences

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Daycare Center Locksmith Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,251
Businesses Nearby

Demographics for 90291, CA

28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Fully vacant multifamily property with renovated interiors, in-unit laundry, and parking.
Where is this triplex located?
The property is located at 18 24th Ave Venice, CA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Fully vacant triplex with two 2‑bedroom, 2‑bath units and one studio; Complete remodel with updated interiors and fresh interior and exterior paint; In‑unit laundry in all three residences
More about this property
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