111 Paloma Avenue Venice, CA $ 2,650,000
111 Paloma Avenue
$ 2,650,000
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111 Paloma Avenue

Venice, CA, 90291
$ 2,650,000
Bedrooms6 Baths3.0 Sq 3,504

Monthly Estimate*

$ 16,317

Listed by Keller Williams Beverly Hills
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Multi-Family Home for sale in Venice, CA

for $2,650,000 with 6 bedrooms and 3 full baths. This 3,504 square foot home was built in 1988 on a lot size of 0.0893.

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.

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Multi-Family Active

Price

$ 2,650,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0893

Year Built

1988

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

26773107

Days on Market

2

Features
General
Living Area 3504
Heating Central
Cooling Central Air
Appliances Dishwasher Disposal Refrigerator Vented Exhaust Fan Dryer Washer
Zoning LAR3
Architectural Style Mediterranean
Year Built 1988
View City Lights Coastline Mountain(s) Ocean
Stories Count 2
Levels Two
Gross Income 156000
County Los Angeles
Net Operating Income 131356
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Between Main and Pacific. Paloma is a walk street. Driveway access via Dudley Ct.
City Venice
Disclosures Seller Disclosure
Senior Community Y/N false
Number Of Units Total 2
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 3889
Carport Y/N true
Property Attached Y/N true
Standard Status Active
Year Built Source Assessor
Cap Rate 5.29
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Tile Wood
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 6
Total Baths 6
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Exterior
Parking Features Attached Carport Controlled Entrance Covered Garage Tandem
Total Parking 6
Lot Size Area 3889
Number of Buildings 1
Building Area Total 3504
Lot Size Acres 0.0893
Lot Size Source Assessor
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* Excluded Features
List By
Keller Williams Beverly Hills

Broker

paster@jeffyarbrough.com

Email

Affordability Calculator

$16,317
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Monthly Principal & Interest
$16,317
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$2,650,000 Listed Price

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111 Paloma Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $2,650,000 with 3,504 sqft and a lot size of 0.0893. 111 Paloma Avenue has 6 bedrooms, 3.0 baths, and was built in 1988. The property's zip code is 90291 which is in Venice, CA