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$ 2,050,000
Est. payment | /mo
3,135 SqFt
$ 2,050,000
Est. payment | /mo
3,135 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,135 sqft
Price per Sqft $653
MLS Listing ID CL25522581
HOA Y/N No
Year Built 1906
Lot Size 2,699 Sqft
Acres 0.06
Property Sub-Type Other
Property Description
25 Horizon Ave presents a rare opportunity to acquire a 6-unit multifamily asset in the heart of Venice Beach, just steps from the sand. Perfectly positioned in one of the most iconic and dynamic rental markets in Los Angeles, the property offers residents unrivaled access to the beach, the Venice Boardwalk, Abbot Kinney Boulevard, and an array of top-tier dining, shopping, and entertainment options. Situated on a 2,699 SF lot, the building features 3,135 SF of rentable space, comprising one (1) two-bedroom, one-bath unit and five (5) one bedroom, one-bath units. Additionally, the property offers significant ADU potential, creating an opportunity for investors to further enhance rental income and value. With 35% upside in rents, this asset presents strong immediate and long-term growth potential. With its unbeatable coastal location, high rental demand, and substantial value-add potential, this offering represents a prime investment opportunity. Whether capitalizing on existing income or unlocking additional value through ADU development, 25 Horizon Ave is a rare, high-quality asset in one of Los Angeles' most coveted beachfront communities.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 4226006015
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Listed by Nathan Shaolian • Kidder Mathews of California, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "