45 Paloma Avenue, Venice, CA 90291

Local realty services provided by:Nelson Shelton Real Estate ERA Powered
#1#2#3
45 Paloma Avenue,Venice, CA 90291
$2,900,000
  • 5 Beds
  • 8 Baths
  • 3,944 sq. ft.
  • Multi-family
  • Active
Listed by:oliver fries
Office:paloma realty partners, inc.
MLS#:25553113
Source:CRMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$735.29

About this home

Paloma Realty Partners is proud to present 45 Paloma Avenue, an 8-unit value-add multifamily opportunity located just steps from the beach in the heart of Venice, one of Los Angeles' most sought-after rental markets. This offering includes eight existing units with the ability to add an ADU, with 3,944 SF of rentable space, situated on a 3,901 SF RD1.5-zoned lot. Positioned just minutes from Abbot Kinney, Rose Avenue, and the Venice Boardwalk, the property benefits from consistent tenant demand and walkable access to restaurants, shops, and major employment hubs. This is a compelling opportunity for investors seeking a stabilized Westside asset with value-add potential and built-in rent growth.The unit mix features 6 studios, and two two-bedrooms units. The seller has resided on the premises for 30 years, and the owners unit is a 2bd/2bth three story townhome with a private roof deck and ocean views. The property was updated in 2012 with new electrical, plumbing and roof throughout.

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Home facts

  • Year built:1920
  • Listing Id #:25553113
  • Added:62 day(s) ago
  • Updated:August 18, 2025 at 10:35 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:8
  • Living area:3,944 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:3,944 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$735.29
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