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$ 1,555,000
Est. payment | /mo
5 Beds
2,608 SqFt
$ 1,555,000
Est. payment | /mo
5 Beds
2,608 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,608 sqft
Price per Sqft $596
MLS Listing ID CL26852247
Bedrooms 5
HOA Y/N No
Year Built 1965
Lot Size 2,699 Sqft
Acres 0.06
Property Sub-Type OTHER
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.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating Radiant
Cooling No Air Conditioning
Fireplace No
Laundry Common Area, Other
Exterior
Total Parking Spaces 3
Building
New Construction No
Others
Tax ID 4226007019
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Listed by Jeff Konecke • Dogtown Realty
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Leia Hartje
REALTOR® | Broker Associate Lic# 01412955