Four-Unit Multifamily
For Sale
$4,795,000
22 28th Pl, Venice, CA 90291
The property pairs a recently updated townhouse with residences featuring balconies, a rooftop deck, and private outdoor areas.
Property Size5,398 SF
Price / SF$888.29
Days on Market146
Property Features for 22 28th Pl
General Information
Standard status
Active
Size
5,398 SF
Total Parking Spaces
8
Property subtype
MULTI_FAMILY
Additional Details
Cap Rate
5.52%
Multifamily Units
4
Building Details
Building Size
5,398 SF
Year Built
1925
Listing Agency:
Douglas Elliman
Listed By:
Chris Pickett
(310) 800-7103
Source:
Chrispickettrealestate
Added: Jun 5
Changed: Oct 27
Last Checked: Oct 27 at 3:30AM
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 Douglas Elliman
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Investment Insights
Based on property information with market context.
This 5,398-square-foot multifamily property in Venice contains four residences across a double lot. The unit mix includes a three-bedroom townhouse and three additional units: a three-bedroom penthouse with two bathrooms, a three-bedroom, two-bathroom middle residence, and a one-bedroom unit. The townhouse has hardwood floors, an updated kitchen and bathrooms, a private yard, and a private garage. The penthouse features a rooftop deck, while balconies serve the penthouse and middle unit. The property was built in 1925 and has eight parking spaces. The owner’s unit may be delivered vacant.
At 22 28th Pl, the property is a short walk from the beach and near Abbott Kinney and local restaurants. The penthouse living room and balcony have partial ocean views. The stated cap rate is 5.52%.
At 22 28th Pl, the property is a short walk from the beach and near Abbott Kinney and local restaurants. The penthouse living room and balcony have partial ocean views. The stated cap rate is 5.52%.
Key Highlights
- Four residences on a double lot
- 5,398 square feet; built in 1925
- Eight parking spaces across the property
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,169
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property pairs a recently updated townhouse with residences featuring balconies, a rooftop deck, and private outdoor areas.
Where is this multifamily property located?
The property is located at 22 28th Pl Venice, CA.
What is the asking price?
The asking price for this property is $4,795,000.
What are key features of this property?
This property features: Four residences on a double lot; 5,398 square feet; built in 1925; Eight parking spaces across the property
