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Listing Details

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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 2021-09-20T21:42:38.96. 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.searchdesertrealestate.com/homes/113109374
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235 Horizon Ave Venice, CA 90291

  • Price: $3,145,000
  • Status: Active
  • Updated: 54 min ago
  • MLS #: 21-677770
11
Beds
0
Baths
0
½ Baths
0.07
Acres
4,416
SQFT
$712
$/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 2021-09-20T21:42:38.96. 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 John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210