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.