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Listed by Brent Sprenkle • NorthMarq Realty Services, Inc
$ 4,150,000
Est. payment | /mo
4,693 SqFt
$ 4,150,000
Est. payment | /mo
4,693 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,693 sqft
Price per Sqft $884
MLS Listing ID CROC25124088
HOA Y/N No
Year Built 1973
Lot Size 3,049 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
$100K PRICE REDUCTION! 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 feat
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227