Property Detail

Description

Located on a quiet, tree-lined street, around the corner from Venice Beach & Abbot Kinney, this 100-year-old 4-unit Craftsman exudes timeless character and charm. Currently leased at $2,600 per month, the front lower unit #1 features a classic front porch for outdoor entertaining, private entrance, in-unit laundry, and functional living space. Upstairs in the front is Unit 3, occupied by the same tenant since 2003 and currently month-to-month, and features a functional living space with a sun room. Vacant and ready for occupancy at fair market rent, the upper rear unit is a mirror layout of unit 3 at approx and also features functional living spaces, in-unit laundry and sun room. Also vacant, and ready for immediate occupancy, the lower rear owner's unit is the largest unit and includes a full remodeled kitchen with dishwasher, in-unit laundry, and a lovely private patioperfect for entertaining, and a detached 80 sq ft studio space is ideal for a home office, gym, or creative space. With 3 of the 4 units offering at or close to market rents, parking for each unit, and an unbeatable location, this property is a solid performer with long-term upside and flexible use scenarios. A rare opportunity to own a true Venice gemsteps from the sand, brimming with potential, and packed with charm. Whether you're looking to house-hack, or generate passive income by investing in one of LA's strongest coastal rental markets, come check out 224 Horizon Avenue.