111 Paloma Avenue, Venice, CA 90291
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
111 Paloma Avenue,Venice, CA 90291
$2,650,000
- 6 Beds
- 6 Baths
- 3,504 sq. ft.
- Multi-family
- Active
Listed by: david paster, jeff yarbrough
Office: keller williams beverly hills310-432-6400
MLS#:26773107
Source:CRMLS
Price summary
- Price:$2,650,000
- Price per sq. ft.:$756.28
About this home
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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Home facts
- Year built:1988
- Listing ID #:26773107
- Added:61 day(s) ago
- Updated:June 24, 2026 at 10:56 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Flooring:Tile, Wood
- Kitchen Description:Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan
- Living area:3,504 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1988
- Building area:3,504 sq. ft.
- Lot area:0.09 Acres
- Architectural Style:Mediterranean
- Levels:2 Story
Finances and disclosures
- Price:$2,650,000
- Price per sq. ft.:$756.28
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
- Amenities:Ceiling Fans
Parking
- Total parking spaces:6
- Parking description:Attached Carport, Controlled Entrance, Covered, Garage, Tandem
- Garage:Yes
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