4 unit Venice Beach Trophy property on a highly desirable, quiet walk street. Located just 100 yards from the nicest stretch of Venice Beach, this exceptional property represents a true opportunity in one of Southern California’s most coveted coastal neighborhoods. Opportunities like this combining location, unit conditions, and income stability, with room for price appreciation, are exceedingly desirable. The property has been very well maintained with a desirable unit mix of two (2) spacious 2-bedroom units and two (2) studio units. There is also a spacious front patio common area for relaxing, sunbathing & entertaining. Each residence is equipped with its own in-unit washer and dryer, the 2-bedroom units each include two dedicated parking spaces, an invaluable amenity this close to the beach. All units are individually metered for gas and electricity, keeping operating expenses efficient and straightforward. The building falls under rent control, but all units are currently leased at healthy market rents, providing immediate, stable income with long-term upside. Just steps from the sand, dining, shopping, and the best of Venice living, yet tucked away on a peaceful walk street, this property offers the perfect balance of lifestyle, scarcity, and investment quality. Ideal for discerning investors seeking a low-maintenance, blue-chip coastal holding with enduring value.
AGENT: Robert Maschio LISTING BROKERAGE: Compass
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 35 23rd AV
Venice, CA
Property Details
Price:
$2,695,000
MLS #:
26644109
Status:
Active
Beds:
4
Baths:
6
Type:
Single Family
Neighborhood:
c11venice
Listed Date:
Mar 3, 2026
Finished Sq Ft:
2,642
Total Sq Ft:
2,642
Lot Size:
2,641 sqft / 0.06 acres (approx)
Year Built:
1965
Community GatedC11 – VeniceC11venice
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Schools
Interior
Appliances
DW, RF, GO, GS, OV
Cooling
NO
Heating
RA
Laundry Features
DINC, WINC
Levels
S
Exterior
Construction Materials
STC
Direction Faces
S
Parking Spots
4
Parking Total
4
Patio And Porch Features
OPN
Security Features
GC
Financial
Gross Operating Income
$163,800
Maintenance Fee
$2,500
Net Operating Income
$119,860
Map
Community
- Address35 23rd AV Venice CA
- CityVenice
- CountyLos Angeles
- Zip Code90291
