About This Home

This 6-bedroom, 6-bathroom residential multi family at 111 Paloma Ave in Venice, CA is listed for $2,650,000 ($756 per sqft). Built in 1988, the home offers 3,504 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1988
  • 0.09 acre lot
  • 2 stories
  • 6 parking spaces

Property Details

2 stories
6 full
6 spaces
1988

Amenities

ViewHardwoodA/C
Listing 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.

Monthly Cost Estimate

$14,173/mo

20% down · 6.5% · 30 years

Principal$1,917
Interest$11,483
Insurance$773

Estimates only. Actual payments may vary.

Location

111 Paloma Ave

Venice, CA 90291

Property Details

Flooring

TileHardwood

Views

MountainsCityOcean

Parking

TandemCarportCovered

Heating

Central

Cooling

Central Air

Questions & Answers

This 6-bedroom, 6-bathroom residential multi family at 111 Paloma Ave is listed at $2,650,000 ($756/sqft). The estimated monthly payment is $14,173 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1988, 0.09 acre lot, 2 stories, 6 parking spaces.

This property is listed by David Paster.

DP

David Paster

License 02132722

Agent at KELLER WILLIAMS BEVERLY HILLS REALTY

Listed by KELLER WILLIAMS BEVERLY HILLS REALTY · Broker phone: (310) 432-6400 · View on Broker Site · Broker website

MLS# 26773107· Source: The MLS/CLAW· 189 days on PropertySimple

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

111 Paloma Ave, Venice, CA 90291

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