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Listed by Brent Brenton Sprenkle • NorthMarq Realty Services, Inc
$ 4,250,000
Est. payment /mo
New
14 Ozone Avenue Venice, CA 90291
4,693 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,693 sqft
Price per Sqft $905
MLS Listing ID OC-25124088
Year Built 1973
Lot Size 3,049 Sqft
Property Sub-Type Apartment
Property Description
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. CONTACT LISTING BROKER FOR ADDITIONAL DETAILS!
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Laundry Community
Exterior
Parking Features Garage
Garage Spaces 8.0
Pool None
Community Features Biking, Curbs, Dog Park, Fishing, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban, Watersports
Building
Lot Description 0-1 Unit/Acre
Sewer None