24 20th Avenue, Venice, California 90291, Venice, 90291 - 3 bed, 4 bath

24 20th Avenue, Venice, California 90291 home-pic-0
ACTIVE$1,950,000
24 20th Avenue, Venice, California 90291
3Beds
4Baths
1,755Sqft
2,632Lot
Year Built
1948
Close
-
List price
$1.95M
Original List price
$1.95M
Price/Sqft
$1,111
HOA
-
Days on market
-
Sold On
-
MLS number
25612311
Home ConditionGood
Features
Good View: Ocean
Deck
Patio
ViewOcean

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.95M(29th), sqft - 1755(48th), beds - 3(50th), baths - 4(76th).

Discover the perfect blend of coastal charm and investment potential at 24 20th Avenue. This mid-century triplex, situated on a picturesque walk street, offers three unique units just steps from the world-famous Venice Boardwalk. The property features: Front Unit: A thoughtfully remodeled 1-bedroom, 1-bathroom home featuring a private fenced yard, ideal for entertaining or relaxing. Includes stackable laundry for modern convenience. Middle Unit: A charming and cozy 1-bedroom, 1-bathroom space with a long-term tenant in place, offering steady rental income. Loft Unit: A sleek, multi-level 1-bedroom, 1.5-bathroom loft with a bright, airy design. Enjoy ocean views from the private balcony and the convenience of in-unit laundry on the upper level. Additional conveniences include three parking spaces with alley access and a fenced front yard. Located in one of Los Angeles's most desirable neighborhoods, this property is near vibrant Venice Beach, the iconic Boardwalk, trendy shops and dining on Abbot Kinney Boulevard, the canals, Washington Boulevard, and Windward Circle. The proximity to the ocean offers a daily dose of sea breezes, breathtaking sunsets, and the serene sound of waves. This triplex presents an incredible opportunity for an owner-user, investor, or developer with a vision to maximize the property's potential, including the possibility of building upward to further enhance the already spectacular ocean views. Don't miss this rare chance to own a property in the heart of Venice's coastal paradise!

Price History

Date
Event
Price
10/29/25
Listing
$1,950,000
04/04/19
Sold
$1,740,000
Condition Rating
Good

While the property was built in 1948, the visible units (Front and Loft) have undergone extensive and recent renovations, featuring modern kitchens with updated cabinets, countertops, stainless steel appliances, and subway tile backsplashes. The flooring is a contemporary light wood-look, and lighting includes recessed and track fixtures. The Loft unit also benefits from modern mini-split AC systems and in-unit laundry. These renovated spaces are move-in ready and appear to have been updated within the last 5-15 years, aligning with 'Good' criteria. However, as a triplex, the condition of the 'Middle Unit' is not detailed or pictured, and the overall 'Age of Property & Infrastructure' for a 1948 building suggests that not all major systems or the entire structure may be 'virtually new,' thus preventing an 'Excellent' rating for the property as a whole.
Pros & Cons

Pros

Prime Coastal Location: Situated on a picturesque walk street, just steps from the world-famous Venice Boardwalk, Venice Beach, and trendy Abbot Kinney Boulevard, offering an unparalleled coastal lifestyle.
Income-Generating Triplex: Comprises three unique units, including one with a long-term tenant, providing immediate rental income and flexibility for owner-occupancy or a full investment strategy.
Development & Value-Add Potential: Offers significant potential for an investor or developer to maximize value, including the possibility of building upward to enhance existing ocean views.
Ocean Views & Lifestyle Amenities: The loft unit boasts ocean views from a private balcony, and the property's proximity to the ocean ensures daily sea breezes, sunsets, and the serene sound of waves.
Valuable Parking & Outdoor Space: Includes three crucial parking spaces with alley access, a rare commodity in Venice, along with a private fenced yard for the front unit and a fenced front yard for the property.

Cons

Age of Property & Infrastructure: Built in 1948, the property's age suggests potential for older infrastructure and deferred maintenance, which may require significant capital investment beyond the already remodeled front unit.
Compact Unit Sizes: With 1755 sqft distributed across three 1-bedroom units, individual living spaces are likely compact, potentially limiting appeal to buyers seeking more spacious accommodations.
Premium Pricing Relative to Estimate: The current listing price of $1.95M is above the estimated property value of $1.87M, which could indicate a premium valuation and potentially impact buyer interest or negotiation flexibility.

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