$2,000,000
$50K PRICE DROP

25 Horizon Ave Venice, CA 90291

Venice Neighborhood

Estimated payment $12,173/month

Total Views 2,425
7 Beds
6 Baths
3,135 Sq Ft
$638 Price per Sq Ft

About This Home

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.

Listing Agent

Nathan Shaolian

Kidder Mathews of California, Inc. License #02074836 Listed on: 06/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,568

Year Built

  • Built in 1906

Lot Details

  • 2,699 Sq Ft Lot
  • Lot Dimensions are 30x90

Parking

  • On-Street Parking

Home Design

  • Split Level Home

Interior Spaces

  • 3,135 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4226-006-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,568

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split, Two
  • Street Number Display: Yes
  • Living Area: 3135
  • Lot Acreage: 0.0620
  • Lot Dimensions: 30x90
  • Stories: 2
  • Year Built: 1906
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 6.00
  • Equipment: Dryer, Washer
  • Price Per S Q F T: 637.96

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 246281
  • Assessed Land Percent: 80
  • Assessed Land Value: 985137
  • Total Assessed Value: 1231418
  • Assessor Parcel Number: 4226-006-015
  • Lot Size Area: 2699

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 12.67
  • Number Of Units: 6
  • Total Annual Expense: 51716
  • Type Of Units: Multi-Family
  • Vacancy Rate: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $15,568 $1,256,045 $1,004,839 $251,206
2024 $15,568 $1,231,418 $985,137 $246,281
2023 $15,278 $1,207,273 $965,821 $241,452
2022 $14,590 $1,183,602 $946,884 $236,718
2021 $14,406 $1,160,395 $928,318 $232,077
2020 $14,549 $1,148,498 $918,800 $229,698
2019 $13,988 $1,125,980 $900,785 $225,195
2018 $13,927 $1,103,903 $883,123 $220,780
2016 $13,277 $1,061,038 $848,831 $212,207
2015 $13,089 $1,045,101 $836,081 $209,020
2014 $13,162 $1,024,630 $819,704 $204,926
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $2,000,000 -2.4% $638 / Sq Ft
03/31/2025 03/31/25 For Sale $2,050,000 0.0% $654 / Sq Ft
07/13/2023 07/13/23 For Rent -- -- --
06/19/2023 06/19/23 For Rent -- -- --
05/15/2023 05/15/23 For Rent $2,100 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $1,000,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Grant Deed $695,500 Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $220,000 First American Title Co
Trustee Deed $291,060 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Commercial
Closed $500,000 Commercial
Previous Owner $305,000 Commercial
Previous Owner $266,225 Commercial
Previous Owner $50,000 Credit Line Revolving
Previous Owner $556,000 Commercial
Previous Owner $556,000 Commercial
Previous Owner $200,000 Commercial
Source: Public Records

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See All Homes in Venice

Source: The MLS

MLS Number: 25522581

The MLS

APN: 4226-006-015

California Los Angeles County Venice 90291 Venice

25 Horizon Ave, Venice, CA

This home is located at 25 Horizon Ave, Venice, CA 90291 and is currently priced at $2,000,000, approximately $637 per square foot. This property was built in 1906. 25 Horizon Ave is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Nathan Shaolian
Listing Agent
Nathan Shaolian
Section Image
Kidder Mathews of California, Inc.
(424) 496-6133