36 Horizon Avenue, Venice, CA 90291

$2,890,000
10
BD
8
BA
5,216
SqFt

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List Price
$2,890,000
Status
ACTIVE
MLS#
26103046
Year Built
1965
Bedrooms
10
Bathrooms
8
Living Sq. Ft
5,216
Lot Size
5,398
Days on Market
0
Property Type
Multifamily
Stories
Two Levels, Multi Level

Property Description

RARE VENICE BEACH ASSEMBLAGE | TWO SIDE-BY-SIDE INCOME PROPERTIES | STEPS FROM THE SAND. An extraordinary opportunity to acquire 36 and 38 Horizon Avenue, two side-by-side sister properties ideally situated on the first block from the sand in world-famous Venice Beach. Offered together, this rare coastal assemblage presents the opportunity to establish a substantial beachside investment holding in one of Southern California's most iconic and sought-after communities. The two buildings offer a compelling combination of in-place rental income, long-term appreciation potential, and strategic flexibility. With a total of eight units and guest rooms across the two properties, the assemblage offers investors the scale to expand their presence in Venice while benefiting from the enduring appeal of this premier coastal location. Both properties feature a mix of residential units and guest rooms, with spacious upper-level accommodations that offer potential owner-user flexibility. Additional highlights include rear parking, shared rooftop decks with ocean breezes and neighborhood views, and existing occupancy providing income from day one. Beyond the immediate income stream, the properties offer the opportunity to capitalize on the long-term desirability of Venice Beach, where proximity to the sand, vibrant local culture, and a distinctive coastal lifestyle continue to set the neighborhood apart. The side-by-side configuration creates additional strategic value, offering a larger consolidated holding with potential for future repositioning, subject to applicable zoning, building, and other regulatory requirements. Whether acquired as a long-term coastal investment, a 1031 exchange opportunity, or a strategic addition to an existing real estate portfolio, 36 and 38 Horizon Avenue represent a rare opportunity to secure two adjacent income properties just steps from the Pacific Ocean. 38 Horizon is separately listed for sale as a 4-unit building. Call regarding interior showings.

Additional Information

Appliances
Dishwasher, Refrigerator

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Listing courtesy of Listing Agent: Jeff Konecke (jfkproperties@mac.com) from Listing Office: Dogtown Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.