38 Horizon Avenue, Venice (los Angeles), CA 90291
38 Horizon Avenue, Venice (los Angeles), CA 90291
38 Horizon Avenue, Venice (los Angeles), CA 90291
38 Horizon Avenue, Venice (los Angeles), CA 90291
38 Horizon Avenue, Venice (los Angeles), CA 90291
38 Horizon Avenue, Venice (los Angeles), CA 90291
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$ 1,595,000
Est. payment | /mo

5 Beds

2,608 SqFt


Save
$ 1,595,000
Est. payment | /mo
Save

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 $611

MLS Listing ID CL26852291

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, 38 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, 38 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

Exterior

Total Parking Spaces 3

Building

New Construction No

Others

Tax ID 4226007020

Bridge MLS
Listed by Jeff Konecke • Dogtown Realty

Nearby Locations

Justin Kenney

+1(925) 808-9139

justinkenney96@gmail.com

9030 BRENTWOOD BLVD, BRENTWOOD, California 94513, United States

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38 Horizon Avenue