Multi-Family for sale in Southern California — $2,650,000. 6 beds · 6 baths · 3,504 sqft. 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 proper…
$2,650,000
111 Paloma Avenue, Venice, CA 90291
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.
Listing updated: June 3, 2026 at 5:37 PM
Listed by: David Paster, Keller Williams Beverly Hills
Source: CRMLS, MLS#: 26773107, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
4/23/2026 Source: CRMLS, #26773107 | Listed for sale | $2,650,000$756/sqft |
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