241 Horizon Avenue Venice, CA $ 2,899,000
241 Horizon Avenue
$ 2,899,000
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241 Horizon Avenue

Venice, CA, 90291
$ 2,899,000
Bedrooms7 Baths5.0 Sq 3,408

Monthly Estimate*

$ 20,250

Listed by Compass
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Multi-Family Home for sale in Venice, CA

for $2,899,000 with 7 bedrooms and 5 full baths. This 3,408 square foot home was built in 1987 on a lot size of 0.0702.

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.

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Multi-Family Active

Price

$ 2,899,000

Bedrooms

7

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.0702

Year Built

1987

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

PV23096309

Days on Market

341

Features
General
Sewer PublicSewer
Heating Central
Cooling None
Zoning LARD1.5
HOA 0.0
Garage Spaces 4.0
Pool Features None
Year Built 1987
Stories 1
Levels One
Property SubType Triplex
Gross Income 140400.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 93233.0
Operating Expense 47167.0
Insurance Expense 1192.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Buyer & 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.
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions From Main St Turn East up San Juan Ave. Property is street to street from San Juan to Horizon.
City Venice
Entry Location Street level
View Y/N N
Senior Community Y/N N
Open Parking Spaces 3.0
Total Units 3
MLS Area C11 - Venice
Lot Size Square Feet 3060.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Horizon
Listing Terms Submit
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 100.0
Water Sewer Expense 100.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://unbranded.youriguide.com/241_horizon_ave_los_angeles_ca/
Days on Market 307
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 15
Property Sub Type Additional Triplex
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Exterior
Parking Features DoorMulti Driveway Garage
Lot Features Item01UnitAcre RectangularLot
Water Source Public
Total Parking 7.0
Lot Size Area 3060.0
Number of Buildings 1
Spa N
Building Area Total 3408.0
Lot Size Acres 0.0702
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features LivingRoom
Total Stories 3
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Street Suffix Avenue
Laundry Features Inside
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 241
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* Excluded Features
List By
Compass

Broker

(424) 241-3311

Phone

Affordability Calculator

$20,250
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,250
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/7/2024$2,899,000 -6.42% Price Down
6/2/2023$3,098,000 Listed Price

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241 Horizon Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $2,899,000 with 3,408 sqft and a lot size of 0.0702. 241 Horizon Avenue has 7 bedrooms, 5.0 baths, and was built in 1987. The property's zip code is 90291 which is in Venice, CA