Multifamily Income Property with Roof
For Sale
$2,695,000
241 Horizon Avenue, Venice, CA 90291
MULTI_FAMILY - Venice, CA
Property SizeContact for details
Lot Size0.07 Acres
Days on Market222
Property Features for 241 Horizon Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
LARD1.5
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Laundry Room, Bedroom 7, Bedroom 1, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 3
Parking
7
Parking features
Driveway, Garage
Fireplace
1
Lot features
Rectangular Lot, 0-1 Unit/ Acre
Directions
From Main St, Turn East up San Juan Ave. Property is street to street from San Juan to Horizon.
Subdivision
C11 - Venice
Standard status
Active
APN
4238010032
Lot size
0.07 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Water source
Public
Amenities
fireplace
rooftop deck
decks
private outdoor patio
Building Details
Year built
1987
Floors in Building
1
Number of units
3
Listing Agency:
Compass
(310) 241-3038
Listed By:
Janet Stearns · License #01851243
(310) 480-1167
Added: Jan 6
Changed: Aug 11
Last Checked: Aug 16 at 2:06PM
MLS# PV26002913
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1987, 241 Horizon Avenue is permitted as a 2-unit building and includes two 3-bedroom, 2-bath residences along with an additional 1-bedroom, 1-bath space that is described as unpermitted and currently used by a tenant as an office. The top-floor unit features vaulted ceilings, a fireplace, and a rooftop deck with neighborhood views. The middle unit also includes a fireplace and decks on both ends. The ground-level 1-bedroom opens through French doors to a large, private outdoor patio. Garage parking and driveway parking are available, with additional street parking.
The property is located in Venice, California, with proximity described as just blocks from the sand and Abbot Kinney, and close to dining, shopping, and entertainment. Current rental income is reported as $10,950 per month. Buyers should conduct their own due diligence and consult the appropriate authorities regarding the legal use of the unpermitted third unit. Zoning is listed as LARD1.5.
The property is located in Venice, California, with proximity described as just blocks from the sand and Abbot Kinney, and close to dining, shopping, and entertainment. Current rental income is reported as $10,950 per month. Buyers should conduct their own due diligence and consult the appropriate authorities regarding the legal use of the unpermitted third unit. Zoning is listed as LARD1.5.
Key Highlights
- Built in 1987, permitted as a 2‑unit multifamily building with 2 spacious 3‑bedroom, 2‑bath units
- Includes an additional 1‑bedroom, 1‑bath space (unpermitted) currently used as a tenant office
- Rents currently generate $10,950 per month
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,592
Businesses Nearby
Explore this area
Business Placement
Demographics for 90291, CA
28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Built in 1987, the property is permitted as a 2-unit building plus a third, unpermitted tenant space.
Where is this triplex located?
The property is located at 241 Horizon Avenue Venice, CA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Built in 1987, permitted as a 2‑unit multifamily building with 2 spacious 3‑bedroom, 2‑bath units; Includes an additional 1‑bedroom, 1‑bath space (unpermitted) currently used as a tenant office; Rents currently generate $10,950 per month
