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$3,395,000
10 Days On Site

40 18th Avenue
Venice, CA 90291

For Sale|Residential Income|Active
5
Beds
4
Total Baths
2,591
SqFt
$1,310
/SqFt
1970
Built
County:
Los Angeles
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
40 18th Avenue40 18th Avenue40 18th Avenue40 18th Avenue
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Designer triplex where the city meets the sand on a quaint brick road in Venice Beach. The location is next to none and anchors the Windward Circle and Boardwalk scenes. Purchase this property to watch the 2028 Olympic Triathlon finish line at the end of Venice Blvd! This restored, 3-unit property offers strong income with a proven track record in 30 day rentals and long term rentals. There are multiple cash flow options to choose from: 1031 and continue the lucrative Airbnb rental business plan, move into the gorgeous front townhome and lease the others to mitigate your mortgage, or rent the entire property with standard long term leases and less turnover. No matter what path you choose, you will be riding the large Windward Circle wave of upside as the area continues to surprise and delight with new restaurants and activities. Unit #1 is booked for $10k/month for 5 months end of 2026. Each unit has private outdoor space, private laundry and 1 parking spot. This property has been lovingly updated with mid century appeal and high-end finishes and is ready for the next set of hands. True 5.3% cap rate and 14 GRM on current Airbnb income. Furniture purchase option available. Check out the attached OM and Property Video.

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Listing Snapshot
Price 
$3,395,000
Days On Site 
10 Days
Bedrooms 
5
Inside Area (SqFt) 
2,591 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0652 Acres
Year Built 
1970
MLS® Number 
26845873
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.0652
Carport 
3
Levels 
Two
Number Of Stories 
2
Parking 
AssignedCoveredCarport
Parking Spaces 
3
Special Circumstances 
Standard
SqFt Total 
2591
Zoning 
LAR3
Interior Features
Appliances 
DishwasherDisposalRefrigeratorDryerWasher
Heating 
Electric
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Community Features
MLS Area 
C11 - Venice
Listing courtesy of Amanda Robertson of Amanda Robertson

Based on information from the The MLS as of 2026-07-27 05:00 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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