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Multifamily Property Assemblage
New
For Sale
$2,890,000

36 Horizon Ave, Venice, CA 90291

Two adjacent buildings combine residential units and guest rooms with shared rooftop decks and rear parking.

Property Size5,216 SF
Days on Market4

Property Features for 36 Horizon Ave

General Information

Standard status Active
Size 5,216 SF
Property subtype MULTI_FAMILY

Amenities

shared rooftop decks

Building Details

Building Size 5,216 SF
Year Built 1965
Buildings 2
Listing Agency: Dogtown Realty
Listed By: Jeff Konecke · License #01355867
Source: Evecap
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 21 at 2:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dogtown Realty

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Investment Insights

Based on property information with market context.

The offering brings together two neighboring income properties at 36 and 38 Horizon Avenue in Venice. The buildings contain a mix of residential units and guest rooms; together, they include eight units and guest rooms. Existing occupancy provides current rental income. Shared rooftop decks and rear parking serve the properties, while upper-level accommodations provide additional space within the existing configuration.

The properties sit on the first block from the sand in Venice Beach. 38 Horizon Avenue is also listed separately as a 4-unit building. Any future repositioning would be subject to applicable zoning, building, and other regulatory requirements.

Key Highlights

  • Two adjacent income properties at 36 and 38 Horizon Avenue
  • Eight units and guest rooms across the two properties
  • Residential units and guest rooms in both buildings

Property Analytics

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Current Use

1031 exchange properties

Suggested Use

Top Pick Dental Office Nursing Home Daycare Center Locksmith (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,191
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two adjacent buildings combine residential units and guest rooms with shared rooftop decks and rear parking.
Where is this multifamily property located?
The property is located at 36 Horizon Ave Venice, CA.
What is the asking price?
The asking price for this property is $2,890,000.
What are key features of this property?
This property features: Two adjacent income properties at 36 and 38 Horizon Avenue; Eight units and guest rooms across the two properties; Residential units and guest rooms in both buildings
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