14 Ozone Ave Venice, CA 90291
Venice NeighborhoodEstimated payment $25,655/month
Highlights
- Fishing
- Laundry Room
- Bike Trail
- Venice High School Rated A
- 8 Car Garage
- 4-minute walk to Venice Beach Playground
About This Home
MASSIVE PRICE REDUCTION!
CALL FOR OFFERS: SUBMIT ALL OFFERS BY SEPTEMBER 17TH BEFORE 5PM! 14 Ozone Avenue is a 6-unit apartment community located 130+ feet from the Venice Boardwalk and beach. Residents enjoy the benefits of living in the heart of Venice as the property is in close proximity to Venice Boardwalk and Beach, Abbott Kinney, Santa Monica Pier and much more. 14 Ozone Avenue offers (1) Studio/One-Bathroom apartment, (1) One-Bedroom/One-Bathroom apartment, and (4) Two-Bedroom/Two-Bathroom apartments, totaling an average of 779 square feet. The property has 11 parking spaces consisting of 4 double garages for 8 spaces plus 3 open spaces. Five units have undergone recent plumbing and electrical upgrades and have been renovated with modern features such as stainless-steel appliances, quartz countertops, hardwood floors, and white-tile backsplashes in both the kitchens and bathrooms. Five of the units also feature Juliet Balconies, and one of the top-floor units boasts its own private patio/deck, with four units offering picturesque ocean views. There is an opportunity for the buyer to increase rental income by strategically renovating the units and adding an ADU. The seller has received approval from the City of Los Angeles to convert one of the garages into a Studio ADU, pending approval from the Coastal Commission. The property also features a rare amenity for the area - a total of 11 on-site parking spots, which will be reduced to 9 after the ADU conversion.
Listing Agent
NorthMarq Realty Services, Inc Brokerage Phone: 310-621-8221 License #01290116 Listed on: 06/10/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 3,049 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 8 Car Garage
- 3 Open Parking Spaces
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,693 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Utilities
- Water Not Available
- Sewer Not Available
Listing and Financial Details
- Legal Lot and Block 1 / 2
- Tax Tract Number 2734
- Assessor Parcel Number 4286019001
- $900 per year additional tax assessments
Community Details
Recreation
- Fishing
- Park
- Dog Park
- Water Sports
- Bike Trail
Building Details
- Operating Expense $83,106
- Gross Income $287,733
- Net Operating Income $214,474
Additional Features
- 6 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $58,915 | $4,932,484 | $2,843,432 | $2,089,052 |
| 2024 | $58,915 | $4,835,770 | $2,787,679 | $2,048,091 |
| 2023 | $57,768 | $4,740,952 | $2,733,019 | $2,007,933 |
| 2022 | $55,074 | $4,647,993 | $2,679,431 | $1,968,562 |
| 2021 | $54,414 | $4,556,857 | $2,626,894 | $1,929,963 |
| 2019 | $52,780 | $4,421,700 | $2,548,980 | $1,872,720 |
| 2018 | $52,656 | $4,335,000 | $2,499,000 | $1,836,000 |
| 2016 | $23,899 | $1,947,204 | $1,468,563 | $478,641 |
| 2015 | $23,553 | $1,917,956 | $1,446,504 | $471,452 |
| 2014 | $23,652 | $1,880,386 | $1,418,169 | $462,217 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/05/2025 09/05/25 | Price Changed | $3,995,000 | -3.7% | $851 / Sq Ft | |
| 06/30/2025 06/30/25 | Price Changed | $4,150,000 | -2.4% | $884 / Sq Ft | |
| 06/10/2025 06/10/25 | For Sale | $4,250,000 | 0.0% | $906 / Sq Ft | |
| 06/01/2017 06/01/17 | Sold | $4,250,000 | -11.4% | $906 / Sq Ft | View Prior Sale |
| 04/14/2017 04/14/17 | Pending | -- | -- | -- | |
| 03/17/2017 03/17/17 | Price Changed | $4,795,000 | -6.0% | $1,022 / Sq Ft | |
| 02/08/2017 02/08/17 | For Sale | $5,100,000 | -- | $1,087 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25124088
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