111 Paloma AVE, Venice, CA 90291
111 Paloma AVE, Venice, CA 90291
111 Paloma AVE, Venice, CA 90291
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$2,650,000
Est. payment /mo
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6 Beds
6 Baths
3,504 SqFt
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111 Paloma AVE Venice, CA 90291

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Khatera Mivehchi

Khatera Mivehchi

+1(619) 990-7293

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,504 sqft

Price per Sqft $756

MLS Listing ID 26773107

Bedrooms 6

HOA Y/N No

Year Built 1988

Lot Size 3,889 Sqft

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.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan, Dryer, Washer

Exterior

Parking Features Attached Carport, Controlled Entrance, Covered, Garage, Tandem

View Y/N Yes

View City Lights, Coastline, Mountain(s), Ocean

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Architectural Style Mediterranean

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4286016021

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David Paster Keller Williams Beverly Hills #02132722

NEARBY SCHOOL & BUSINESS

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Khatera Mivehchi

Khatera Mivehchi

Broker Associate | License ID: 01410928

+1(619) 990-7293

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111 Paloma AVE