23 18th Avenue

Venice, CA 90291

$2,600,000
Price
4
Beds
4
Baths
1,872 Sq. Ft.
$1,389 / Sq. Ft.
1,872
Sq. Ft.
$1,389
per Sq. Ft.

Description

A rare opportunity just steps from the sand and a block from the iconic Venice sign, this mid-century modern duplex epitomizes beachside living. With ocean views and an unbeatable location, the property features two distinct units: an updated 1-bedroom owner's suite with the opportunity to easily convert to a 2-bedroom, upstairs and a 3-bedroom unit downstairs, offering exceptional rental income with significant upside potential. Set on a spacious lot with a two-car garage onsite and two additional...A rare opportunity just steps from the sand and a block from the iconic Venice sign, this mid-century modern duplex epitomizes beachside living. With ocean views and an unbeatable location, the property features two distinct units: an updated 1-bedroom owner's suite with the opportunity to easily convert to a 2-bedroom, upstairs and a 3-bedroom unit downstairs, offering exceptional rental income with significant upside potential. Set on a spacious lot with a two-car garage onsite and two additional off-street parking spaces accessible via the alley. This property boasts multiple secure patio spaces at the front, middle, and rear of the residence. Recent upgrades include kitchens, resort-style bathrooms, sleek new flooring, upgraded doors, modern lighting, and landscaping. Ideal for an owner-user, the property also presents unique opportunities: convert the existing garage into an ADU with a rooftop deck or reimagine the duplex as a single-family home. Whether for personal enjoyment or leveraging Venice's soaring rental market, this one-of-a-kind offering is primed for endless possibilities. Both units will be delivered vacant.
  1. Listed by Tracy Tutor • DRE #01326769 • Brokerage DRE #01883938 • Douglas Elliman
  2. Listed by Tammy Ly • DRE #02167784 • Brokerage DRE #01883938 • Douglas Elliman

Property Details for 23 18th Avenue

Zoning
LARD1.5
Style
Mid-Century
Parcel Number
4226010008
Total Units
2.0
Living Area
1872
Source Living Area
Vendor Enhanced
Area
Venice (C11)
Vacancy Rate
Vacant

Open Houses

Sunday, Nov 24th

1:00 PM - 4:00 PM

Public

Tuesday, Nov 26th

11:00 AM - 2:00 PM

Public

LISTING UPDATED: 11/22/2024 10:52 AM

Property Details for 23 18th Avenue

StatusActive
MLS #24-465713
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.06 AC / 2,641 SF
CountyLos Angeles County

Building Information for 23 18th Avenue

Stories2Residences-Year Built1957Building Size-Lot Size0.06 AC / 2,641 SF

Property Information for 23 18th Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
  • View: Yes
  • View Description: Water, Tree Top, Ocean
  • View: Water, Ocean
  • Security Features: Gated
  • Property Condition: Updated/Remodeled
  • Water: Public
  • Sewer: In Street
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.0606
  • Lot Size Square Feet: 2641
  • Lot Features: Front Yard
  • Lot Description: Front Yard
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Gated, Assigned
  • Total Parking: 3
  • Open Other Spaces Total: 1
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door, Gated, Assigned
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Breakfast Area, Other, Living Room
  • Levels: Two
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Ceiling Fan
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood
  • Equipment: Dishwasher, Microwave, Refrigerator, Range/Oven, Washer, Dryer
  • Interior Features: Recessed Lighting, Other
  • Room Kitchen Features: Remodeled Kitchen
  • Kitchen Features: Remodeled
  • Room Bathroom Features: Remodeled
  • Bathroom Features: Remodeled
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • Cooking Appliances: Gas, Microwave
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-21-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $8,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $334,654.00
  • Assessed Improvement Percent: 14.91
  • Assessed Land Value: $1,910,324.00
  • Assessed Land Percent: 85.09
  • Assessed Total Value: $2,244,978.00

Property History for 23 18th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23 18th Avenue

Taxable ValueLand$1,948,530Additions$341,347Total$2,289,877
Tax Record2024$27,741 ($2,312 / month)
Home Facts
Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtLot Size2,641 SqFtStyleDuplexYear Built1957ZoningLARD1.5CountyLOS ANGELESAPN4226-010-008

Schools near 23 18th Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Venice Senior High School
Public9 to 12

Westside Global Awareness Magnet
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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23 18th Avenue is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on November 21, 2024 by Douglas Elliman, it's currently listed at $2,600,000. It has been on the market for a total of 2 days and was last sold on June 1, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Westminster Avenue Elementary School, Mark Twain Middle School and World Languages Magnet and Venice Senior High School. 23 18th Avenue is a 4-bed, 4-bath, 1,872 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman, Tracy Tutor, DRE #01326769; Douglas Elliman, Tammy Ly, DRE #02167784

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.