Active
14 Ozone AVE
VENICE CA, 90291
$4,600,000
$980.18 per sqft
Active
3 Beds
4 Baths
4,693 sqft
Condo
Built in 1973
14 Ozone Avenue Apartments is a 6-unit apartment community constructed in 1973. 14 Ozone Avenue Apartments 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 apartment measuring approximately 400 square feet, 1 one-bedroom apartment measuring approximately 675 square feet, and 4 two-bedroom apartments measuring approximately 900 square feet. The average unit size is approximately 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 56% 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.
OC23160975MR
MLSⓇ ID
August 9, 2023
Listed
May 9, 2024
Updated
Map
14 Ozone AVE
VENICE CA, 90291
Interior Features
Total Stories
3
Bedrooms
3
Total Bathrooms
4
Laundry Description
Community
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.07 Acres
Sewer
Not Available
Other Property Details
Area Name
Venice
Days on Market
63
Garage
Yes
Garage Spaces
8
Parking
Garage, Uncovered
Parking Total
11
View
Yes
View Description
Ocean
County
Los Angeles
Water Source
None
Pool
No
Pool Features
None
Zoning
LARD1.5
Listed by Brent Sprenkle with NorthMarq Realty Services, Inc
Listing Contact: 310-621-8221
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Tom Dolezel | CA DRE# 02121377 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 5/9/2024