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About This Home

This 7-bedroom, 5-bathroom multi-family at 241 Horizon Avenue in Venice, CA is listed for $2,695,000 ($791 per sqft). Built in 1987, the home offers 3,408 sqft of living space on a 0.07 acres lot.

Agent Description

Don’t miss this exceptional multifamily opportunity in an A+ Venice Beach location. Just blocks from the sand and Abbot Kinney, 241 Horizon Ave is ideally positioned near some of Los Angeles’ best dining, shopping, and entertainment.

Built in 1987, the property is permitted as a 2-unit building and features two spacious 3-bedroom, 2-bath units, plus an additional 1-bedroom, 1-bath space (unpermitted) currently used by a tenant as an office. Buyers are advised to conduct their own due diligence and consult with the appropriate authorities regarding the legal use of this third unit.

The top-floor residence boasts soaring vaulted ceilings, a fireplace, and a generous rooftop deck with neighborhood views. The middle unit also features a fireplace and decks on both ends, offering excellent indoor-outdoor flow. The ground-level 1-bedroom opens through French doors to a large, private outdoor patio. The building has been well maintained and currently generates $10,950 per month in rental income. It offers garage parking, driveway parking as well as street parking. Properties like this rarely come to market in Venice—an outstanding opportunity in a premier coastal neighborhood.

Key Features

  • Built in 1987
  • 0.07 acre lot
  • 3 stories
  • 7 parking spaces

Property Details

3 stories
5 full
7 spaces
1987

Monthly Cost Estimate

$14,413/mo

20% down · 6.5% · 30 years

Principal$1,949
Interest$11,678
Insurance$786

Estimates only. Actual payments may vary.

Location

241 Horizon Avenue

Venice, CA 90291

Features & Amenities

Exterior Features

Community Features Included: SidewalksRectangular Lot0-1 Unit/Acre

Property Details

Parking

DrivewayGarage

Heating

Central

Cooling

None (Cooling)

Questions & Answers

This 7-bedroom, 5-bathroom multi-family at 241 Horizon Avenue is listed at $2,695,000 ($791/sqft). The estimated monthly payment is $11,678 based on 20% down at 6.5% interest.

Key features include: Built in 1987, 0.07 acre lot, 3 stories, 7 parking spaces. Exterior Features: Community Features Included: Sidewalks, Rectangular Lot, 0-1 Unit/Acre.

This property is listed by Janet Stearns and can be reached at 3104801167 or janet@stearnshomes.com.

JS

Janet Stearns

Agent at Compass

(310) 480-1167

Listed by Compass · View on Broker Site

MLS# PV26002913· Source: listhub· Updated 130 days ago

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241 Horizon Avenue, Venice, CA 90291

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