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241 Horizon Ave, Venice, CA, 90291

7beds
5baths
3,408sqft
$2,695,000
$791price/sqft
$17,347/moest. monthly cost
$693,880/yrincome needed

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

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
99
BikeBiker's Paradise

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