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    205 Horizon Ave

    Venice, CA 90291
    • $2,395,000
    • STATUS: Active
    • ON SITE: 6 days
    • MLS #: 21-696170
    New On Site 6 Days Ago
    $2,395,000
    • 4
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,402
      SQFT
    • $997
      $/SQFT
    Neighborhood:
    Venice
    Type:
    Multi-Family
    Built:
    1922
    County:
    Los Angeles
    Area:
    Venice

    School Ratings & Info

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    Description

    Beautiful updated Craftsman 4-plex, two blocks from trendy Abbot Kinney Blvd & Venice Beach. This rare C-1 commercially zoned large lot has 2 street fronts - imagine the possibilities! Perfectly positioned on a quiet street yet easy walking to everything, the 2-story stately building on Horizon Ave opens to a private sun-drenched yard & detached double garage. Garage & yard have their own entry & street frontage on San Juan Ave. Upstairs units are flooded with natural light & feature Central Heating/AC. All 4-units enjoy large windows, tankless water heaters, hardwood floors & updated kitchen & bathrooms - ready to move in! This is a perfect owner-user or investment. The best of historical Venice with modern upgrades. 3 of 4 units will be delivered vacant. One downstairs unit Airbnbs, generating $4000/month +/-. The third vacant unit is available to show from March 7th. Keep as an income property or create your compound in the hub of Venice Beach, between Abbot Kinney & Main St.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-28T23:42:17.043. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.jelmbergteam.com/homes/114428621
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    205 Horizon Ave Venice, CA 90291

    • Price: $2,395,000
    • Status: Active
    • MLS #: 21-696170
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    2,402
    SQFT
    $997
    $/SQFT
    1922
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    Beautiful updated Craftsman 4-plex, two blocks from trendy Abbot Kinney Blvd & Venice Beach. This rare C-1 commercially zoned large lot has 2 street fronts - imagine the possibilities! Perfectly positioned on a quiet street yet easy walking to everything, the 2-story stately building on Horizon Ave opens to a private sun-drenched yard & detached double garage. Garage & yard have their own entry & street frontage on San Juan Ave. Upstairs units are flooded with natural light & feature Central Heating/AC. All 4-units enjoy large windows, tankless water heaters, hardwood floors & updated kitchen & bathrooms - ready to move in! This is a perfect owner-user or investment. The best of historical Venice with modern upgrades. 3 of 4 units will be delivered vacant. One downstairs unit Airbnbs, generating $4000/month +/-. The third vacant unit is available to show from March 7th. Keep as an income property or create your compound in the hub of Venice Beach, between Abbot Kinney & Main St.
    Exterior Features

    Direction Faces North Entry Location Main Level Levels Two Lot Size Area 3032 Other Structures None Parking Garage Garage - 2 Car Pool Description None Pool YN No Spa None Spa YN No Style Craftsman Total Parking 2 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 4.00 Common Walls Detached/No Common Walls Cooking Appliances Gas Cooling Central Den No Dining Room No Equipment DryerFreezerGarbage DisposalGas Dryer HookupWasher Family Room No Flooring Hardwood Heating Central Laundry Laundry Area Laundry Equipment Own Rooms Patio OpenLiving RoomMaster Bedroom Water Heater Features Tankless

    Property Features

    Assessed Total Value 2257509 Garage Income 110.00 Gross Income 110 Gross Operating Income 150288 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 141600.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 14600 Type Of Units Fourplex Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lac1

    Listing provided courtesy of Ana Lanuza DRE#01493099 of Keller Williams Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-28T23:42:17.043. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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