241 Horizon AVE Venice, CA 90291
Sale
$2,899,000
3 Units
7 Beds
5 Baths
3,408 Area(sq.ft.)
3,060 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 5,100 | $ 5,100 | $ 5,500 |
| Unit 2 | 1 | 3 | 2 | No | $ 4,500 | $ 4,500 | $ 5,000 |
| Unit 3 | 1 | 1 | 1 | No | $ 2,600 | $ 2,600 | $ 2,600 |
| 3 | 3 | 7 | 5 | $ 12,200 | $ 12,200 | $ 13,100 |
| MLS #: | PV23096309MR |
| Days On Market: | 307 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 851 |
| Price per unit: | $ 966,333 |
| Year Built: | 1987 |
Property 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.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 42,955 |
| Net Operating Income: | $ 93,233 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LARD1.5 |
| Land Lease Type: | Fee |
| Parking Garage: | Driveway, Garage - 2 Car |
Interior
| AC/Cooling: | None |
| Heating: | Central |
| Fireplace Rooms: | Living Room |
| Laundry: | Inside |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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Income
