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$2,899,000   Price Analysis
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241 Horizon Ave
Venice, CA 90291
7 bed 5 bath 3,408 SqFt ($850/SqFt)
3,060SqFt lot. Built 1987
Listed 2023-06-02, Taxes $12,747
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

GREAT PRISTINE 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 s 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 ha s high vaulted ceilings and includes a open 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 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.


Presented by Janet Stearns at
COMPASS.
Listing Agent Photo

Property MLS #PV23096309 from CRMLS

Bedrooms: 7

Laundry Features: Inside

Full Bathrooms: 5

Fireplace Features: Living Room
Heating Features: Central
Heating: Yes

Lot Description: 0-1 Unit/Acre, Rectangular Lot
Lot Size Acres: 0.0702479
Lot Size Source: Assessor
Lot Size Square Feet: 3060

Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Driveway, Garage - Two Door
Parking Total: 7

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1192.00
Area: C11 - Venice
Source Neighborhood: C11 - Venice
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 4238010032
Postal Code Plus 4: 5757
Trash Expense: 100.00
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$301,016 + $763,920
$1,064,936
$12,747
2021$295,114 + $748,942
$1,044,056
$12,579
2020$292,088 + $741,263
$1,033,351
$12,708
2019$286,361 + $726,729
$1,013,090
$12,203
2018$280,747 + $712,480
$993,227
$12,146
2017$275,243 + $698,510
$973,753
$11,884
2016$269,847 + $684,814
$954,661
$11,601
2015$265,794 + $674,528
$940,322
$11,432
2014$260,588 + $661,315
$921,903
$11,475
2013$259,411 + $658,327
$917,738
$11,469
2012$254,325 + $645,419
$899,744
$11,624
2010$249,339 + $632,764
$882,103
$11,377
2009$248,064 + $629,527
$877,591
$10,955
2009$247,476 + $628,035
$875,511
$10,955
2008$243,200 + $617,184
$860,384
$10,482
2007$238,432 + $605,083
$843,515
$10,134

Price Changed 2024-02-07
$2,899,000
CRMLS
Listed 2023-06-02
$3,098,000
CRMLS
Sold 2022-09-28
$2,850,000
CRMLS
Sold 2001-04-24
$750,000
Public Record
Sold 1986-05-30
$70,000
Public Record

Net Operating Income: 93233.00

Total Square Feet Living: 3408
Year Built: 1987
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Street level
Property Age: 37
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 3
Structure Type: Triplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 100.00
Water Source: Public

Westminster Avenue Elementary School is a public elementary school located approximately 0.1 miles away.
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Mark Twain Middle School and World Languages Magnet is a public middle school located approximately 1.5 miles away.
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Venice Senior High School is a public high school located approximately 1.6 miles away.
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Acton Academy Venice Beach is a private elementary, middle and high school located approximately 0.4 miles away.
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Ecole Claire Fontaine is a private elementary school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.