$3,995,000

14 Ozone Avenue, Venice, CA 90291

  • 3 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

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 Status:
Active
Listing Office:
NorthMarq Realty Services, Inc :
Listing Agent:
Brent Sprenkle : 310-621-8221
MLS ID:
OC25124088
  • Pool: N/K
  • General: 2 Story
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor4286019001
  • Source: California Regional MLS

This listing courtesy of Brent Sprenkle, NorthMarq Realty Services, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Westminster Avenue Elementary

1010 Abbot Kinney Blvd, Venice, CA, 90291

Grades KG-5

0.53 miles away

W

Westside Global Awareness Magnet

104 Anchorage St, Marina Del Rey, CA, 90292

Grades KG-8

1.43 miles away

V

Venice High School

13000 Venice Blvd, Los Angeles, CA, 90066

Grades 9-12

2.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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