241 Horizon Ave, Venice, CA, 90291
About This Home
Don’t miss this exceptional multifamily opportunity in an A+ Venice Beach location. Just blocks from the sand and Abbot Kinney, 241 Horizon Ave is ideally positioned near some of Los Angeles’ best dining, shopping, and entertainment. Built in 1987, the property is permitted as a 2-unit building and features two spacious 3-bedroom, 2-bath units, plus an additional 1-bedroom, 1-bath space (unpermitted) currently used by a tenant as an office. Buyers are advised to conduct their own due diligence and consult with the appropriate authorities regarding the legal use of this third unit. The top-floor residence boasts soaring vaulted ceilings, a fireplace, and a generous rooftop deck with neighborhood views. The middle unit also features a fireplace and decks on both ends, offering excellent indoor-outdoor flow. The ground-level 1-bedroom opens through French doors to a large, private outdoor patio. The building has been well maintained and currently generates $10,950 per month in rental income. It offers garage parking, driveway parking as well as street parking. Properties like this rarely come to market in Venice—an outstanding opportunity in a premier coastal neighborhood.
Getting Around
Walker's Paradise
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1987
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
Features
- Fireplace features: Living Room
- Fireplace: Yes
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: None
Interior Area
- Total structure area: 3,408
- Total interior livable area: 3,408 sqft
Property
Details
- Parcel number: 4238010032
- Attached to another structure: Yes
- Zoning: LARD1.5
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Street level
- Pool features: None
- Spa features: None
Lot
- Lot size: 3,060 sqft
- Features: 0-1 Unit/Acre,Rectangular Lot
Parking
- Total spaces: 7
- Parking features: Door-Multi,Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $13,627 | $163,524 |
| Home Insurance * | $304 | $3,648 |
| Property Taxes | $2,686 | $32,232 |
| Electricity | $730 | $8,769 |
| Total | $17,347 | $208,164 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-22 | Price change | $2,695,000 |
| 2024-02-07 | Price change | $2,899,000 |
| 2023-06-02 | Listed for sale | $3,098,000 |
| 2022-09-28 | Sold | $2,850,000 |
| 2022-08-24 | Pending sale | $2,800,000 |
| 2022-08-12 | Listed for sale | $2,800,000 |
| 2017-04-11 | Listing removed | $5,250 |
| 2017-03-28 | Listed for rent | $5,250 |
| 2001-04-24 | Sold | $750,000 |
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