25 Horizon Ave - Apartments FOR SALE


Venice, CA 90291
$2,000,000 USD
818-642-4123
25 Horizon Ave, Venice, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/13
null | 5.07% Cap Rate

25 Horizon Ave
Venice, CA 90291


HIGHLIGHTS

  • One – 2BR/1BA Unit and Five 1BR/1BA Units
  • Offering located in one of the most desirable rental markets of Venice Beach with an ideal renter profile
  • Walk Score of 96 “Walker’s Paradise” adjacent to an array of Fine Dining, Shopping and Entertainment
  • Value-add investment opportunity with approximately 25% upside in rent
  • Potential to add an additional dwelling unit (ADU) attached to the back structure
  • Two (2) Units to be delivered VACANT

OVERVIEW

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 25% 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.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$638 USD /SF

# OF UNITS

6

PRICE/UNIT

$333,333

CAP RATE

5.07%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

LARD1.5

APN/PARCEL ID

4226-006-015

ASK ABOUT THIS PROPERTY

Nathan ShaolianKidder MathewsMore Info
818-642-4123

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Nathan ShaolianKidder MathewsMore Info
818-642-4123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.