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25 Horizon Ave, Venice, CA 90291

List Price: $2,000,000On Market FlagOn market
Mar 31, 20253,135 sqft7 beds6 baths
Listed by: Nathan Shaolian
License #: 02074836
Phone #: 310-492-8411
Kidder Mathews of California, Inc.
Source:
CRMLS Logo
MLS #: 25522581

Property 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,244

TurboHome Estimated Value

$1,974,800

$630 sqft

High Valuation
$2,073,540
$661/sqft
Normal Valuation
$1,974,800
$630/sqft
Low Valuation
$1,876,060
$598/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$630/sqft$1,974,800

Neighborhood: Venice

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Comparative Value

$1.98M

$2.00M

3008 Pacific Ave, Venice, CA 90291

Sale Price: $1,980,000

Selected Comparable

25 Horizon Ave, Venice, CA 90291

List Price: $2,000,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
25 Horizon Ave, Venice, CA 90291

25 Horizon Ave, Venice, CA 90291

List: $2,000,000

Listed: 3/31/2025

Area:3,135 sqft
Price/sqft:$638
Beds:7
Baths:6
Year Built:
Lot Size:2,699

Comparable Properties

COMPARABLE
Choose comps
3008 Pacific Ave, Venice, CA 90291

3008 Pacific Ave, Venice, CA 90291

Sale: $1,980,000

12/3/20240.75 mi

Area:3,476 sqft
Price/sqft:$570
Beds:6
Baths:6
Year Built:
Weight:100.0%

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