$2,650,000

111 Paloma Avenue, Venice (los Angeles), CA 90291

  • 6 beds
  • 3,504 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $756/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

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 Status:
Active
Date Added:
April 23, 2026
Data Last Updated:
May 20, 2026 at 7:06AM
Listing Office:
Keller Williams Beverly Hills : 310-432-6400
Listing Agent:
David Paster : 415-602-6052
MLS ID:
CL26773107
  • Laundry: DryerWasher
  • Flooring: TileWood
  • A/C: Central Air
  • Heating: Central
  • Parking: CoveredTandemOtherParking spaces: 6
  • County: Los Angeles
  • Zoning: LAR34286016021
  • View: City LightsMountain(s)OtherOceanView

This listing courtesy of David Paster , Keller Williams Beverly Hills

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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