Two parcels. 20 & 22 Horizon Ave consists of a 4 unit multi-family building on one lot and a single family home on the adjacent parcel. Steps from the sand in Venice Beach with parking for 10 cars, this property presents a unique investment opportunity. Amazing cash flow as an income property with the potential of 80% vacancy and immediate upside. Additionally, plans for a 4 home, small lot subdivision come with the property. Full package is ready for Coastal Development Permit submission. Property works as an A+ portfolio asset for an income property buyer, or as a rare development property that carries itself while plans are run through the City and Coastal Commission. Buyer and Buyer's agents to verify and rely on their own investigations of the zoning, permits, development potential, and all aspects of the properties.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
