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$3,395,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 40 18th Ave
General
- Price: $3,395,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26845873
- Updated: 7/17/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: None
Parking
- Covered Spaces: 3
- Garage Description: Carport, Covered Parking, Assigned
Location
- Area: Venice
- County: Los Angeles
- Driving Directions: At the corner of Pacific and 18th Ave.
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Electric
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 2,591
- Sq. Ft. Source: Owner
- Year Built: 1970
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.0652
- Lot Size: 2841
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $1,310
- Assessment Year: 1970
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 4226-011-020
Listed by Amanda Robertson, Amanda Robertson
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Schools
Schools serving 40 18th Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Westminster Avenue Elementary School 1010 Abbott Kinney Blvd., Los Angeles, CA 90291 | K-5 | 0.4 mi |
Mark Twain Middle School and World Languages Magnet 2224 Walgrove Avenue, Los Angeles, CA 90066 | 6-8 | 1.8 mi |
Venice Senior High School 13000 Venice Boulevard, Los Angeles, CA 90066 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 18th Ave
Date
Details
Price
Change
Source
6/21/2026
Listed
$3,395,000
91.81%
MLS
4/11/2018
Sold
$1,770,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 18th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,319
3%
$2,013,954
4%
2023
$23,586
5%
$1,936,751
2%
2022
$22,485
1%
$1,898,796
2%
2021
$22,211
-1%
$1,861,585
1%
2020
$22,442
4%
$1,842,508
2%
2019
$21,542
382%
$1,805,400
418%
2018
$4,466
2%
$348,328
2%
2017
$4,375
3%
$341,499
2%
2016
$4,254
1%
$334,804
2%
2015
$4,195
-1%
$329,776
2%
2014
$4,228
—
$323,317
—
2013
$4,222
—
$321,856
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 18th Ave
40 18th Ave, Venice, CA 90291 (MLS# 26845873) is a Multi-Family property with units containing 5 bedrooms and 0 full bathrooms. 40 18th Ave is currently listed for $3,395,000 and was received on July 16, 2026. Want to learn more about 40 18th Ave? Do you have questions about finding other Multi-Family real estate for sale in Venice? You can browse all Venice real estate or contact a Coldwell Banker agent to request more information.

