Gary Elminoufi
    Gary Elminoufi
    (310) 292-0332garyelmo@gmail.com
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      California Regional Multiple Listing Service

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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

      $2,000,000
      For Sale

      25 Horizon Avenue

      Venice, CA 90291
      3135 sqft | 7 beds | 0.06 acres | #25522581
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      Listing OfficeKidder Mathews of California, Inc.
      11 photos
      Type:Multi-Family
      Structure:House
      Zone:Commercial

      Description

      TWO (2) UNITS DELIVERED VACANT. ASSUMABLE FINANCING AVAILABLE: Loan Balance: $467,476; Fixed Rate: 3.98%; Fixed until 12/1/2028.25 Horizon Ave presents a rare opportunity to acquire a 6-unit multifamily asset in the heart of Venice Beach, just steps from the sand. Perfectly positioned in one of the most iconic and dynamic rental markets in Los Angeles, the property offers residents unrivaled access to the beach, the Venice Boardwalk, Abbot Kinney Boulevard, and an array of top-tier dining, shopping, and entertainment options. Situated on a 2,699 SF lot, the building features 3,135 SF of rentable space, comprising one (1) two-bedroom, one-bath unit and five (5) one bedroom, one-bath units. Additionally, the property offers significant ADU potential, creating an opportunity for investors to further enhance rental income and value. With 35% upside in rents, this asset presents strong immediate and long-term growth potential. With its unbeatable coastal location, high rental demand, and substantial value-add potential, this offering represents a prime investment opportunity. Whether capitalizing on existing income or unlocking additional value through ADU development, 25 Horizon Ave is a rare, high-quality asset in one of Los Angeles' most coveted beachfront communities.

      • Property Details
          • Property SubtypeResidentialIncome
          • Property TypeMulti-Family
          • CountyLos Angeles
          • Original List Price$2,050,000
          • MLS #25522581
          • MLS #25522581
          • Cost2000000
          • Acres0.062
          • Square Feet3135
          • Year Built1906
          • Bedrooms7
          • Stories2

      Location

      Legal

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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

      Last Updated: Today at 9:57 AM. Source: CRMLS

      Provided By
      Listing Agent: Nathan Shaolian (#CLW-C143148)
      Listing Office: Kidder Mathews of California, Inc. (#CLW-X8241002)

      Gary ElminoufiReal Estate Group
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