Listed by Compass
$2,695,000
241 Horizon Avenue
Details
APN 4238010032
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 1
Stories 3
Acreage 0.070
Zoning Assessor
Multifamily | 3 Units
Marketing description
Dont 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 Venicean outstanding opportunity in a premier coastal neighborhood.
Listing Contacts
Listed by Compass
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