111 Paloma Ave , Venice, CA 90291
$2,650,000
Est. Payment: $13,334.38/mo
6 Bed
6 Bath
3504 Sqft
Status: active with contingency | Days on site: 41
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by David Paster , 415-602-6052 and Jeff Yarbrough , 323-854-4300 Keller Williams Beverly Hills , 310-432-6400. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1988

County

Los Angeles

Area

C11 - Venice

Listing ID

26773107

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:6
  • Full Bathrooms:0
Appliances:Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Air Cond:Central Air
Fireplaces:
Floor:Tile,Wood
Other:Ceiling Fan(s)

Exterior Features

Lot:No Land Lease
Garage Capacity:6
Zoning:LAR3
Others:2+ Total Units
Parking Features:Attached Carport,Controlled Entrance,Covered,Garage,Tandem
Principal Interest
$13,334
Taxes
$1,689

Home Price

$2,650,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$530,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,334.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,334.38 $1,689.38 $0.00 $15,023.76
Yearly $160,012.57 $20,272.50 $0.00 $180,285.07
Total $4,800,377.18 $608,175.00 $0.00 $5,408,552.18

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Venice, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T22:36:24.000Z

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