1916 Pacific Avenue Venice, CA $ 2,250,000
1916 Pacific Avenue
$ 2,250,000
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1916 Pacific Avenue

Venice, CA, 90291
$ 2,250,000
Baths0.0 Sq 3,024

Monthly Estimate*

$ 14,037

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Studio

Multi-Family Home for sale in Venice, CA

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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Multi-Family Active

Price

$ 2,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.07

Year Built

1970

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0025593457

Features
General
Heating 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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Interior
Kitchen 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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Exterior
Parking 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 Features
List By
Donald Heller

Listing Agent

Christie's International Real Estate Socal

Broker

Affordability Calculator

$14,037
Per Month
100%
0%
0%
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.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/20/2025$2,250,000 Listed Price

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1916 Pacific Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $2,250,000 with 3,024 sqft and a lot size of 0.07. 1916 Pacific Avenue is a studio with 0.0 baths and was built in 1970. The property's zip code is 90291 which is in Venice, CA