UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25124088
HOA Y/N No
Year Built 1973
Lot Size 3,049 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Biking, Curbs, Dog Park, Fishing, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Sidewalks, Water Sports
Utilities Available Sewer Not Available, Water Not Available
Total Parking Spaces 11
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer None
Water None
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4286019001
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."
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