1916 Pacific Avenue
Venice, CA, 90291 $ 2,250,000
Bedrooms6 Baths2.0 Sq 3,024 Monthly Estimate*
$ 14,037
Listed by Christie's International Real Estate SoCal
for $2,250,000 with 6 bedrooms and 2 full baths. This 3,024 square foot home was built in 1970 on a lot size of 0.0676.
Presenting 1916 Pacific Avenue, a 3-unit multifamily property ideally located just one block from the beach in the heart of Venice. The unit mix consists of one studio, one 2-bed/1-bath residence, and one 2-bed/2-bath residence, offering a versatile blend of layouts that appeal to a broad tenant base. Fully occupied and well-positioned, the property delivers immediate income with attractive long-term upside, whether maintained as-is, redeveloped, or strategically repositioned. Unlike neighboring Santa Monica, where restrictive rent control limits long-term potential, Venice is governed by the City of Los Angeles, providing comparatively greater flexibility for rent growth. Investors may also explore ADU additions, redevelopment, or repositioning strategies to enhance both value and cash flow. Just steps from the sand and the iconic Venice Boardwalk, tenants enjoy walkable access to Abbot Kinney, Rose Avenue, and some of the area's most celebrated dining destinations, including Ospi, Kassi Rooftop, Si! Mon, Great White, Ggiata, and Belles Beach House. This prime location ensures consistent tenant demand and long-term appreciation. While available individually, 1916 Pacific may also be acquired as part of a rare 17-unit, 5-parcel multifamily portfolio on Pacific Avenue offering investors the opportunity to control a sizable multifamily footprint in Venice. Showings are available only with an accepted LOI or offer. Please do not disturb tenants.
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FeaturesGeneralLiving Area 3024
Heating Wall Furnace
Cooling None
Appliances Refrigerator
Zoning LAR3
Year Built 1970
Tenant Pays Cable TV Electricity Gas Insurance Trash Collection
View None
Stories Count 2
Levels Two
Gross Income 10787
County Los Angeles
Net Operating Income 89791
New Construction false
Property Type Residential Income
HOA false
Facing Direction West
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions On Pacific Ave. North of Venice Blvd. South of Mildred Ave.
City Venice
Disclosures Coastal Commission Restrictions Coastal Zone
Senior Community Y/N false
Number Of Units Total 3
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 2946
Property Attached Y/N true
Standard Status Active
Occupancy Type Tenant
Cap Rate 4
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InteriorTotal Stories 0
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 6
Total Baths 5
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ExteriorParking Features Covered
Total Parking 7
Lot Size Area 2946
Number of Buildings 1
Building Area Total 3024
Lot Size Acres 0.0676
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList ByChristie's International Real Estate SocalBroker
don@donhellergroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $14,037
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Venice, CA
Average List Price $2,464,481
Percent of Sale Price 10%
About Venice, CA 29,124 Population
-6% Since 2002
$ 89,009 Median Income
41.51 Median Age
14% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/20/2025 | $2,250,000 | | Listed Price |