Description
RARE VENICE BEACH ASSEMBLAGE | TWO SIDE-BY-SIDE INCOME PROPERTIES | STEPS FROM THE SAND| 36 and 38 HORIZON AVENUE. An extraordinary opportunity to acquire 36 and 38 Horizon Avenue, two side-by-side sister properties ideally situated on the first block from the sand in world-famous Venice Beach. Offered together, this rare coastal assemblage presents the opportunity to establish a substantial beachside investment holding in one of Southern California's most iconic and sought-after communities. The two buildings offer a compelling combination of in-place rental income, long-term appreciation potential, and strategic flexibility. With a total of eight units and guest rooms across the two properties, the assemblage offers investors the scale to expand their presence in Venice while benefiting from the enduring appeal of this premier coastal location. Both properties feature a mix of residential units and guest rooms, with spacious upper-level accommodations that offer potential owner-user flexibility. Additional highlights include rear parking, shared rooftop decks with ocean breezes and neighborhood views, and existing occupancy providing income from day one. Beyond the immediate income stream, the properties offer the opportunity to capitalize on the long-term desirability of Venice Beach, where proximity to the sand, vibrant local culture, and a distinctive coastal lifestyle continue to set the neighborhood apart. The side-by-side configuration creates additional strategic value, offering a larger consolidated holding with potential for future repositioning, subject to applicable zoning, building, and other regulatory requirements. Whether acquired as a long-term coastal investment, a 1031 exchange opportunity, or a strategic addition to an existing real estate portfolio, 36 and 38 Horizon Avenue represent a rare opportunity to secure two adjacent income properties just steps from the Pacific Ocean. 38 Horizon is separately listed for sale as a 4-unit building. Call regarding interior showings. All units are occupied.
Details
| MLS # | 26103046 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 13 |
| Listing Provided By | Dogtown Realty | Jeff Konecke |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 5,216 |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 2 |
| Zoning | LARD1.5 |
| Acreage | 0.12 |
Interior
| Cooling | None |
|---|---|
| Heating | Radiant |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Dishwasher, Refrigerator |
Parking
| Parking Features | None |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Venice |
| Zip Code | 90291 |
| Area | C11 Venice |
| Listing VS Median (in 90291) | |
Price: $2,890,000 low | high Med: $1,795,000 sqft: 5,216 low | high Med: 1,314 $ / sqft: $554 low | high Med: $1,366 On site: 13 low | high Med: 17 | |
Market Activity 90291
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Venice |
| Zip Code | 90291 |
| Area | C11 Venice |
| Listing VS Median (in 90291) | |
Price: $2,890,000 low | high Med: $1,795,000 sqft: 5,216 low | high Med: 1,314 $ / sqft: $554 low | high Med: $1,366 On site: 13 low | high Med: 17 | |
 | $3,295,0001313 Innes PlaceVenice, CA 90291 |