111 Paloma Ave, Venice, CA 90291
111 Paloma Ave, Venice, CA 90291
111 Paloma Ave, Venice, CA 90291
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$2,650,000
Est. payment /mo
6 Beds
6 Baths
3,504 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,504 sqft

Price per Sqft $756

MLS Listing ID 26773107

Style Mediterranean

Bedrooms 6

Year Built 1988

Lot Size 3,889 Sqft

Acres 0.0893

Property Sub-Type Multi-Family

Property Description

First time on the market! Exceptional investment opportunity on a prime Venice walk street. Positioned between Main and Pacific, with the iconic Binoculars Building to the east and one block from the sand, this property sits in a consistently strong rental market (Walk Score: 95; Bike Score: 99). This well-maintained duplex features two large 3-bedroom, 3-bath units with highly functional, near-mirror-image layouts. Each unit includes a primary suite with private balcony, in-unit laundry, central A/C, generous living space, and access to an expansive roof deck that spans the entire length of the building (each unit allocated to half). 6 total parking spaces are secured behind remote-controlled garage doors: an exceptional offering in this area and a significant value-add. Originally designed for owner occupancy, the property is currently fully tenant-occupied with a stable rental history. Ideal for investors seeking a turnkey asset in a high-demand coastal market, with strong in-place income and long-term upside potential. Please do not disturb tenants. Buyer to cooperate with Seller's 1031 exchange at no cost to Buyer.

Location

State CA

County Los Angeles

Area Venice

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Hardwood, Tile

Equipment Ceiling Fan, Dishwasher, Dryer, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven, Hood Fan, Garbage Disposal

Laundry In Unit

Exterior

Parking Features Carport Attached, Controlled Entrance, Covered Parking, Tandem

Garage Spaces 6.0

View Y/N Yes

View City Lights, Coastline, Ocean, Mountains

Building

Story 2

Architectural Style Mediterranean

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

Nearby Locations

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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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