36 Horizon Avenue, Venice, CA 90291

$1,647,500
6
BD
4
BA
2,608
SqFt

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List Price
$1,647,500
Price Change
▼ $102,500 1784315326
Status
ACTIVE
MLS#
26852247
Year Built
1965
Bedrooms
6
Bathrooms
4
Living Sq. Ft
2,608
Lot Size
2,699
Days on Market
24
Property Type
Multifamily
Stories
Two Levels

Property Description

Just steps from Venice Beach, 36 Horizon Avenue presents a rare opportunity to own a premier income property in one of Southern California's most iconic beach communities. Situated on the first block from the sand, this well-located four-unit property offers an exceptional combination of immediate cash flow, long-term appreciation potential, and owner-user flexibility.According to the Certificate of Occupancy, the property is configured as 2 units and 2 guest rooms and currently consists of one spacious 3-bedroom, 2-bath upper unit, one 2-bedroom, 1-bath unit, and two guest rooms. The expansive upper unit offers an outstanding opportunity for an owner-user seeking the Venice Beach lifestyle while benefiting from income generated by the remaining units.Additional features include three rear parking spaces, a shared rooftop deck with ocean breezes and neighborhood views, and 100% occupancy, providing stable in-place income from day one. Investors will appreciate the property's excellent long-term rental upside in one of Los Angeles' most desirable coastal rental markets.An extraordinary opportunity exists to acquire the adjacent property at 36 Horizon Avenue, an identical building also being offered for sale. Purchase one or both to create a larger beachside investment portfolio with expanded income potential and future strategic options. The final photographs include both properties.Whether you're seeking a trophy coastal investment, a 1031 exchange opportunity, or a property that combines owner occupancy with income production, 36 Horizon Avenue offers a rare chance to own on the first block from world-famous Venice Beach.Interior inspections are available upon acceptance of an offer.

Additional Information

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Disposal

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Calculator source: Real Geeks

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.