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    235 Horizon Ave

    Venice, CA 90291
    • $3,150,000
    • STATUS: Active
    • ON SITE: 162 days
    • ID#: 21-677770
    UPDATED: 69 min ago
    $3,150,000
    • 11
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,416
      SQFT
    • $713
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1906
    County:
    Area:

    School Ratings & Info

    Description

    Charming seven-unit multifamily apartment building consisting of (4) two-bedrooms and (3) one-bedrooms with the potential for 21.33% in rental upside | The property runs block-to-block with frontage on both Horizon Avenue and San Juan Avenue. | The property has benefited from a multitude of recent upgrades, including recently replaced roofs, an upgrade of the vertical plumbing systems, and a newly painted exterior | Three of the two-bedroom units have been extensively renovated to include new vinyl flooring, quartz countertops in the kitchen, stainless steel appliances, new cabinetry, and updated subway tile in the showers.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-20T19:42:30.97. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.thepayabgroup.com/homes/113109374
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    235 Horizon Ave Venice, CA 90291

    • Price: $3,150,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 21-677770
    11
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    4,416
    SQFT
    $713
    $/SQFT
    1906
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    Charming seven-unit multifamily apartment building consisting of (4) two-bedrooms and (3) one-bedrooms with the potential for 21.33% in rental upside | The property runs block-to-block with frontage on both Horizon Avenue and San Juan Avenue. | The property has benefited from a multitude of recent upgrades, including recently replaced roofs, an upgrade of the vertical plumbing systems, and a newly painted exterior | Three of the two-bedroom units have been extensively renovated to include new vinyl flooring, quartz countertops in the kitchen, stainless steel appliances, new cabinetry, and updated subway tile in the showers.
    Exterior Features

    Lot Description Walk Street Lot Size Area 3049 Other Structures None Parking Garage None Style California Bungalow Total Parking 0

    Interior Features

    Baths Total 7.00 Cooling Ceiling Fan Equipment RefrigeratorRange/OvenMicrowaveFreezer Heating None

    Property Features

    Assessed Total Value 2459442 Gross Income 194206 Gross Operating Income 200200 Like Units1 1 Like Units2 2 Like Units3 4 Net Operating Income 135777.00 Number Of Buildings 1 Number Of Units 7 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Owner Total Annual Expense 58429 Type Of Units 1 + 2 BR Year Built Source Vendor Enhanced Zoning Rd-1.5

    Listing provided courtesy of Jared Warren DRE# of Colliers International- Los Angeles.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-20T19:42:30.97. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Payab Group/Berkshire Hathaway HomeServices California Properties
    16810 Ventura Blvd.
    Encino CA, 91436