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Four-Unit Venice Compound

22 28th Pl Venice, CA 90291

22 28th Pl, Venice, CA, 90291
$4,895,000
For Sale
$4,895,000

Four residences on a double lot with 8 total parking spaces, including a 3-bed townhouse and west-side penthouse units.

Days on Market47

Property Features for 22 28th Pl

General Information

Standard status
Active
Property subtype
MULTI_FAMILY

Building Details

Year Built
1925
Listing agency Compass
Listed by James Allan · License #01180635
Source Evecap
Added: Jun 5 Updated: Jul 21 at 12:08AM Checked: Jul 21 at 6:15AM

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 Compass


Investment Insights

Based on property information with market context.

This rare four-unit Venice compound sits on a double lot and is configured as an owner-user and/or Pied-à-Terre setup. The east side includes a 3-bedroom townhouse with a private yard and private garage, with the garage recently remodeled to feature hardwood floors, a new kitchen, and new bathrooms. The west lot includes three additional units: a penthouse with an open floor plan, rooftop deck, and surrounding windows, plus two other 3-bedroom/2-bath style units with balconies. The middle unit has a balcony off the living room and a primary with views of the walk street and the front yard. The lower unit is a one-bedroom offering private parking and use of the front lawn area. The property totals 8 parking spaces.

Located in South Venice Beach, the compound is described as just steps from the beach and within seconds of restaurants and Abbott Kinney, surrounded by high-value homes.

Per the remarks, the owner’s unit can be delivered vacant, and the stated cap rate is 5.52.

Key Highlights

  • Rare 4‑unit Venice compound on a double lot with 8 total parking spaces
  • East side: 3‑bed townhouse with private yard and private garage; remodeled with hardwood floors, new kitchen, and new bathrooms
  • West side: penthouse‑style 3‑bed/2‑bath unit with open floor plan, rooftop deck, and surrounding windows; partial ocean views from living room and balcony

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Tanning Salon Restaurant Restaurant Supermarket

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four residences on a double lot with 8 total parking spaces, including a 3-bed townhouse and west-side penthouse units.
Where is this quadplex located?
The property is located at 22 28th Pl Venice, CA.
What is the asking price?
The asking price for this property is $4,895,000.
What are key features of this property?
This property features: Rare 4‑unit Venice compound on a double lot with 8 total parking spaces; East side: 3‑bed townhouse with private yard and private garage; remodeled with hardwood floors, new kitchen, and new bathrooms; West side: penthouse‑style 3‑bed/2‑bath unit with open floor plan, rooftop deck, and surrounding windows; partial ocean views from living room and balcony
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