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Four-Unit Residential Income Property

22 28TH Place Venice, CA 90291

22 28TH Place, Venice, CA, 90291
$4,995,000
For Sale
$4,995,000

Double-lot fourplex with an owner townhouse, three west-side units, rooftop deck, and 8 total parking spaces.

Property Size5,398 SF
Price / SF$925.34
Days on Market54

Property Features for 22 28TH Place

General Information

Standard status
Active
Size
5,398 SF
Property subtype
Multi-family

Building Details

Year Built
1925
Listing agency Compass
Listed by James Allan
Source Sevengables
Added: May 31 Updated: Jul 22 at 7:38PM Checked: Jul 22 at 7:38PM

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 four-unit residential income property is configured on a double lot and offered as a strong owner-user or Pied-à-Terre setup. The east side features a 3-bedroom townhouse with a private yard and a private garage that has been recently remodeled with hardwood floors, a new kitchen, and new bathrooms. The west side includes three additional units: a 3-bedroom penthouse with an open floor plan, rooftop deck, and surrounding windows; a middle 3-bedroom, 2-bath unit with a living-room balcony; and a lower 1-bedroom unit with private parking and use of the front lawn area.

The residences are described as being in the South Venice Beach area, with the property located just steps from the beach and near restaurants and Abbott Kinney. Partial ocean views are referenced from the living room and balcony. The property includes a total of 8 parking spaces, and the owner’s unit can be delivered vacant. Reported cap rate is 5.52.

Key Highlights

  • 1925 double‑lot Venice compound with a 4‑unit mix: 3‑bed owner townhouse plus three west‑side units
  • West lot: one 3BR/2BA penthouse with open floor plan, rooftop deck, and bright living room with large surrounding windows
  • West lot includes a second 3BR/2BA unit with a living‑room balcony and primary bedroom with view of the walk street and front yard

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 - Double-lot fourplex with an owner townhouse, three west-side units, rooftop deck, and 8 total parking spaces.
Where is this quadplex located?
The property is located at 22 28TH Place Venice, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 1925 double‑lot Venice compound with a 4‑unit mix: 3‑bed owner townhouse plus three west‑side units; West lot: one 3BR/2BA penthouse with open floor plan, rooftop deck, and bright living room with large surrounding windows; West lot includes a second 3BR/2BA unit with a living‑room balcony and primary bedroom with view of the walk street and front yard
Contact an agent
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