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22 28th Pl
For Sale $4,995,000 ($925.34 per Sq Ft)
$4,995,000 ($925.34 per Sq Ft)
- 11 Bedrooms
- 9.00 Bathrooms
- 5,398 Sq Ft
- 5,280 Sq Ft
Description
Perfect Owner/User or Pied-a-Tere! Rare 4 unit Venice compound on a double lot located in the heart of Silicon Beach. Located just steps from the Beach on a Beautiful walk street surrounded by $5 mil + homes in the most sought after "South Venice Beach" area. seconds to top restaurants and trendy Abbott Kinney. Property consists of a 3 bed townhouse on East side of lot with private yard and private garage which has been recently remodeled with Hardwood flrs, new kitchen and new bathrooms. West lot has 3 units comprised of Penthouse with 3 bed 2 ba, open flr plan, rooftop deck and windows surrounding living rm to make this a bright and airy residence w/ Ocean breezes and partial Ocean views from living rm and balcony. Middle unit is a 3 bed 2 bath unit with a balcony off the living rm, Primary w/ beautiful view of the walk st and front yard. Lower unit is a one bed unit with private parking and use of the front lawn area. Total of 8 parking spaces for the property. Owners unit can be delivered vacant. Cap rate of 5.52.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,995,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 5,398 |
| Number of Stories | 0 stories |
| Parking Spots | 6 spots |
| Year Built | 1925 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4226021026 |
| MLS # | 26843935 |
| Property ID | 321745708 |
| Lot Sqft | 5,280 |
| Zoning | LARD1.5 |
| Total Units | 4 |
| Days on Market | 11 |
| Original List Price | $4,995,000 |
| Date Updated | June 13, 2026 |
| Date Created | June 05, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 3 | 2.00 | $10,450 | $10,764 |
| Unit #2 | 3 | 2.00 | $7,400 | $10,000 |
| Unit #3 | 1 | 1.00 | $3,796 | $4,500 |
| Unit #4 | 3 | 3.00 | $8,494 | $10,500 |
| Gross Income (Yr) | $ 359,928 |
| Operating Expenses | $ 83,975 |
| Net Income (Yr) | $ 275,952 |
| Cap Rate | 5.52% |
Listing Provided By
James Allan an agent of . Lic #01180635
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