1916 Pacific Avenue
Venice, CA, 90291 $ 2,250,000
Baths0.0 Sq 3,024 Monthly Estimate*
$ 14,037
Studio for $2,250,000. This 3,024 square foot home was built in 1970 on a lot size of 0.07.
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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FeaturesGeneralHeating Wall Furnace
Zoning LAR3
Year Built 1970
Tenant Pays Electricity Trash Collection Cable TV Gas Insurance
Levels Two
County Los Angeles
Net Operating Income 89791.0
New Construction No
Property Type C
HOA No
Facing Direction West
Status Active
City Venice
Senior Community Y/N No
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 2946.0
Property Attached Y/N Yes
Standard Status Active
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InteriorKitchen Appliances Refrigerator
Total Stories 0
Common Walls 1 Common Wall
Air Conditioning Y/N No
Heating Y/N Yes
Total Baths 0
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ExteriorParking Features Covered None
Water Source None
Lot Size Area 2946.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 3024.0
Lot Size Acres 0.07
Land Lease Type Fee
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* Excluded FeaturesList ByDonald HellerListing Agent
Christie's International Real Estate SocalBroker
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.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/20/2025 | $2,250,000 | | Listed Price |