14 Ozone Ave
Venice, CA 90291
14 Ozone Ave Apartments · Multifamily Property For Sale
·
7 Units
Property Facts
| No. Units | 7 | Building Size | 5,200 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 2.35/1,000 SF |
| Lot Size | 0.07 AC | ||
| Zoning | RD1.5-1 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 2.35/1,000 SF |
| Zoning | RD1.5-1 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations |
Amenities
Unit Amenities
- Kitchen
- Hardwood Floors
- Range
- Tub/Shower
- Double Pane Windows
- Smoke Free
Site Amenities
- Gated
- Laundry Service
- Smoke Free
About 14 OZONE AVE , VENICE, CA 90291
Scott Rosenberg, Casey Lins and Barak Cassilly of The RCRE Group, at RE/MAX Commercial, are proud to present to market the “Waterfront View Lofts, a 6 unit apartment and office located just steps from the historic and eternally hip Venice Boardwalk, just north of Rose Ave. For investors that value an exceptional location, this asset can’t be beat! The units all have ocean views from nearly every window and balcony with the upper three featuring a loft style bedroom and bath. One corner unit has a private roof deck. The property is situated on a street to alley lot on 3 sides, with a South facing facade. Additional features include secured entry, balconies, remodeled units, of which 4 come fully furnished. This asset would make for an ideal high yield, corporate, artist, and extended vacation 30+ day residency. Several units are intentionally held vacant so that the next operator has maximum control of the business plan. Current potential rents comfortably align the property’s pricing to CAP rate expectations for this submarket, making this purchase opportunity a “more that prudent choice" for savvy investors seeking this level of quality and location.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 2 | - | - |
| 2+2 | 3 | - | - |
Property Taxes
| Parcel Number | 4286-019-001 | Improvements Assessment | $2,130,833 |
| Land Assessment | $2,900,300 | Total Assessment | $5,031,133 |
Property Taxes
