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Venice, CA

$3,395,000

40 18th Avenue, Venice, CA
5
Beds
4
Baths
2,591
Sq Ft
1970
Built
8
Days listed

About this home

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.

Facts & features

Interior
Bedrooms
5
Bathrooms
0 full, 0 half
Living area
2,591 sq ft
Appliances
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Heating
Electric
Levels
Two
Exterior & lot
Lot size
0.065 acres (2,841 sq ft)
Year built
1970
Parking
Assigned, Covered, Carport
Parking spaces
3
Community
Area
C 11 - Venice
County
Los Angeles
Listing details
Status
Active
Property type
Residential Income
Days on market
8
Listed
2026-07-16
Parcel #
4226011020
MLS #
26845873
Listed by
Amanda Robertson · Amanda Robertson

Location

Price history

Listed
$3,395,000 · 2026-07-16
Days on market
8
Current price
$3,395,000
Financing

Could this home be yours?

Estimated monthly payment
$21,298
$17,167 principal & interest · $4,131 taxes & insurance
$679,000
Estimate only
Loan $2,716,000

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Estimated value range nearby
$2,194,852$2,576,565

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Listing data provided by CRMLS

Listing courtesy of Amanda Robertson. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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