Skip To Content
    Return to Previous Page

    25 Horizon Ave

    Venice, CA 90291
    • $3,025,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: 20-618924
    UPDATED: 10 min ago
    $3,025,000
    • 7
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,135
      SQFT
    • $965
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1906
    County:
    Area:

    School Ratings & Info

    Description

    Fantastic opportunity to acquire this six unit trophy building steps from the world famous Venice boardwalk. Totaling 3135 sqft, each unit is updated and remodeled in the main building, which consists of five units, four 1bed / 1bath and one 2 bed / 1 bath. As well as remodeled interiors, all the plumbing, electrical and roof are all new also. The sixth unit is a detached 1 bed / 1 bath bungalow, three or more of the units will be delivered vacant at the close of escrow. Further features include communal Laundry on-site, bike racks and security fences. With its exceptional location, the property is walking distance to the beach, shops, restaurants and all that Venice has to offer. **Available for showings**

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-27T15:42:23.973. 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.randyplaice.com/homes/108941694
    Print Image

    25 Horizon Ave Venice, CA 90291

    • Price: $3,025,000
    • Status: Active
    • Updated: 10 min ago
    • ID#: 20-618924
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    3,135
    SQFT
    $965
    $/SQFT
    1906
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    Fantastic opportunity to acquire this six unit trophy building steps from the world famous Venice boardwalk. Totaling 3135 sqft, each unit is updated and remodeled in the main building, which consists of five units, four 1bed / 1bath and one 2 bed / 1 bath. As well as remodeled interiors, all the plumbing, electrical and roof are all new also. The sixth unit is a detached 1 bed / 1 bath bungalow, three or more of the units will be delivered vacant at the close of escrow. Further features include communal Laundry on-site, bike racks and security fences. With its exceptional location, the property is walking distance to the beach, shops, restaurants and all that Venice has to offer. **Available for showings**
    Exterior Features

    Direction Faces South Entry Location Ground Level W/Steps Exterior Construction Hard Coat Levels Multi/Split Lot Description Single Lot Lot Location Beach AccessAlley Access Lot Size Area 2699 Other Structures Guesthouse Parking Garage None Patio Features Deck(S) Pool Description None Pool YN No Roof Asbestos Shingle Spa None Spa YN No Sprinklers None Style A-Frame Tennis Court None Tennis YN No Total Parking 0 View Description Peek-A-Boo View YN Yes

    Interior Features

    Bathroom Features Remodeled Baths Total 6.00 Common Walls Detached/No Common Walls Cooking Appliances Built-In GasBuilt-InsMicrowaveOvenRangeGasFree Standing Gas Cooling None Equipment Ceiling FanDishwasherDryerRefrigeratorRange/OvenFreezerOtherBuilt-InsMicrowave Fireplace Rooms None Flooring MixedHardwoodCarpetVinylVinyl Tile Foundation Details Other Heating ElectricWall Gas Interior Features Common WallsPlaster WallsTurnkey Kitchen Features RemodeledMarble CountersStone CountersGalley KitchenCounter TopKitchenette Laundry OutsideRoom Laundry Equipment Own Water Heater Features Central Water Heater Windows Garden Window

    Property Features

    Alley YN Yes Assessed Total Value 1082258 Disability Access None Gross Income 146736 Gross Operating Income 141936 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 97468.00 Number Of Buildings 2 Number Of Units 6 Owner Pays GardenerWaterGasOther Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Smoke DetectorCarbon Monoxide Detector(S)Gated Sewer In Street Source Living Area Assessor Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays ElectricityCable Tv Total Annual Expense 49268 TVServices Cable Tv Type Of Units Apt Water In Street Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Michael Irvine DRE#01839544 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-27T15:42:23.973. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-618924-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-618924-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-618924-2.jpg
    Logo
    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355