$2,695,000
241 Horizon Avenue, Venice CA 90291
Multi-Family (Triplex)
Property type
134 days
On market
$791
Price per sqft
4 cars
Garage
1987
Year built
3,060 sqft
Lot size
Home highlights
Open Houses
Overview
Don’t miss this exceptional multifamily opportunity in an A+ Venice Beach location. Just blocks from the sand and Abbot Kinney, 241 Horizon Ave is ideally positioned near some of Los Angeles’ best dining, shopping, and entertainment. Built in 1987, the property is permitted as a 2-unit building and features two spacious 3-bedroom, 2-bath units, plus an additional...
Listing provided by: Janet Stearns DRE #01851243 424-241-3311, Compass, Cameron Stearns DRE #01920602 424-241-3311, Compass
Listing updated: May 15, 2026 at 06:28pm.
Last checked: Jun 4, 2026 at 03:00am
Source: CRMLS #PV26002913
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $5,525 | $5,525 | $5,500 | Unfurnished |
| 1 | 3 | 2 | — | $4,925 | $4,925 | $5,000 | Unfurnished |
| 1 | 1 | 1 | — | $500 | $500 | $2,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
20.5x
List Price / Annual Gross Rent
Cap Rate
3.46%
NOI / List Price
Gross Scheduled Income: $131,400
Operating Expense: $47,167
Net Operating Income: $93,233
Annual Operating Expenses
Insurance: $1,192
Trash: $100
Water / Sewer: $100
Interior
Cooling: None
Heating: Central
Fireplace: Living Room
Laundry: Inside
Entry Location: Street Level
Exterior
Property Attached: Yes
Stories Total: 3
Levels: One
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre, Rectangular Lot
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Door Multi, Driveway, Garage
Garage Spaces: 4
Uncovered Spaces: 3
Parking Total: 7
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4238010032
Additional Parcels: No
Tax Lot: 15
Zoning: LARD1.5
Tax Block: 6
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 241 Horizon Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,156,000
Total Interest
$2,749,859
Total Payment
$4,905,859
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,585
per month
Property History for 241 Horizon Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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