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Venice, CA 90291 241 Horizon Avenue

$2,899,000

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Presented By: Janet Stearns with Compass; 310-480-1167
  • MLS# PV23096309
  • 06/02/2023
  • Request Tour
  • Request Info
  • BedBeds • 7
  • BathBaths • 5
  • FootageSQFT • 3,408
  • GarageGarage • 4

Home Details

GREAT NEW PRICE!! Don't miss this trophy property situated in an A+ location in Venice Beach. Just a few short blocks from both the Beach and Abbot Kinney, 241 Horizon is conveniently located steps from LA's finest dining, shopping, and entertainment. This property is NOT subject to City of LA Rent Control and is ideal for an owner-user or investor. This triplex built in 1987 features (2) 3-bedroom 2-bathroom units and (1) 1-bedroom 1- bathroom unit. The top floor unit has high vaulted ceilings and includes a spacious roof-top deck with views of the surrounding neighborhood. The bottom floor 1-bedroom unit has French doors that open to a spacious outdoor private patio. The middle unit has a deck on either end. The building is very secure with a fenced/gated and locked perimeter. There is plenty of on-site parking and street parking around this street-to-street lot that spans from San Juan Ave to Horizon Ave. All of the units have been meticulously maintained and are currently bringing in a total of $12,200 per month. Hurry, this type of property is not available often.
Presented By: Janet Stearns with Compass; 310-480-1167

Interior Features for 241 Horizon Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesInside
Street SuffixAvenue
Total Stories3

Other Rooms

Entry Level1

General for 241 Horizon Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityVenice
Community FeaturesSidewalks
ContingencyBuyer & Buyer's agent to verify all listed information. All information deemed to be accurate. Neither the Seller nor Broker make any guarantees to it's accuracy.
CoolingNone
CountyLos Angeles
Days on Market307
DirectionsFrom Main St, Turn East up San Juan Ave. Property is street to street from San Juan to Horizon.
Entry LocationStreet level
Garage Spaces4.0
Garage Y/NYes
Gross Income140400.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense1192.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsSubmit
Lot Size Square Feet3060.0
MLS AreaC11 - Venice
MobileHomeRemainsYNNo
Net Operating Income93233.0
New ConstructionNo
Open Parking Spaces3.0
Operating Expense47167.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameHorizon
Tax Lot15
Total Units3
Trash Expense100.0
View Y/NNo
Virtual TourClick here
Water Sewer Expense100.0
Waterfront Y/NNo
Year Built1987
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 241 Horizon Avenue

Building Area Total3408.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, RectangularLot
Lot Size Acres0.0702
Lot Size Area3060.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorMulti, Driveway, Garage
SpaNo
Total Parking7.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,899,000
MLS#PV23096309
List Date 06/02/2023
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors