11 20th Ave 3 Unit Apartment Building $2,800,000 ($933,333/Unit) 5.11% Cap Rate Venice, CA 90291

Presenting a trophy three-unit multifamily offering located on a highly coveted Venice walk street, just half a block from the sand. Fully leased and ideally positioned, this property provides immediate income with significant development and repositioning potential in one of Los Angeles' most dynamic coastal markets. The unit mix includes a spacious three-bedroom, two-bath unit, a one-bedroom, one-bath unit, and a three-bedroom, three-bath unit. This diversified layout appeals to a wide range of tenants, supporting consistent rental demand in a submarket defined by its limited supply and enduring desirability. The property's location is unmatched, steps from the Venice Beach Paddle Tennis Courts, Muscle Beach, and surrounded by some of the area's most popular dining destinations, including Ospi, Kassi Rooftop, Si! Mon, Great White, Ggiata, and Bells Beach House. Residents enjoy easy walkability to the Venice Boardwalk, Abbot Kinney, Rose Avenue, and major employment hubs across Silicon Beach.This is a compelling opportunity to acquire a walk street triplex with both immediate yield and long-term growth prospects. Showings are available only with an accepted LOI or offer. Please do not disturb tenants.