Venice, CA 90291 11 20th Avenue

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Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25539037
  • 05/16/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 7
  • Baths • 6
  • SQFT • 3,216

Home Details

PORTFOLIO SALE: 11 19TH AVE (3 UNITS), 20 19th AVE (4 UNITS) & 11 20th AVE (3 UNITS) PROPERTIES CAN BE SOLD TOGETHER OR SEPARATELY... 11 20th Ave, an incredible triplex a stone's throw away from the beach in Venice. This is a unique investment opportunity with one of the highest income potentials of any triplex in Venice. Situated on the corner of 20th Ave and Speedway on a charming "Walk-Street", this 3,216 square foot triplex features a ground floor unit with 3 bedrooms / 3-bathrooms. The second floor is comprised of two more units, one large & bright 3-bedroom / 2-bathroom, and another 1-bedroom / 1-bathroom unit. All three units have been tastefully remodeled with hardwood floors, quartz countertops, newer appliances, updated bathrooms, central A/C, and more. The main electrical panel, electrical wiring, and all the in-unit sub panels have also been upgraded. Current ownership has also installed double glazed windows throughout, done significant recent structural upgrades, and completed extensive copper plumbing replacements.11 20th Ave comes with ample amenities: the upstairs 3-bedroom unit includes an in-unit washer & dryer, and there is a community laundry room for the other two units (machines owned by landlord). There are three tuck-under parking spaces available behind the building, and an EV charger has been installed for tenant use. Lastly, there is a large, shared patio facing the 20th Ave walk-street. This corner-lot rental property is in an ultra-prime location of Venice Beach, just steps away from the Venice Boardwalk. Whether for an owner-user or pure investor, 11 20th Ave is the ideal small multifamily investment on Venice Beach.
Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 11 20th Avenue

Bedrooms

Total Bedrooms7

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2

General for 11 20th Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.4
Carport Y/NNo
CityVenice
CoolingCentralAir
CountyLos Angeles
DirectionsProperty is located on the Northwest corner of 20th Ave and Speedway.
Full Baths
Garage Y/NNo
Gross Income198588.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet2642.0
Lot Size UnitsSquareFeet
MLS AreaC11 - Venice
MobileHomeRemainsYNNo
Net Operating Income143082.0
New ConstructionNo
Number Of Units Total3
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
ViewOcean
Year Built1966
ZoningLAR3

Exterior for 11 20th Avenue

Building Area Total3216.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0607
Lot Size Area2642.0
Number of Buildings1
Parking FeaturesCovered
Private PoolNo
SpaNo
Total Parking3.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,650,000
MLS#25539037
List Date 05/16/2025
Property Type Multi-Family
Phone 714.742.6515
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