111 Paloma Avenue, Venice, CA 90291
List Price: $2.65M
Listing Status: Active
0Days on Market: 0
6 Bedrooms · 6 Bathrooms · 3,504 sq ft
Property Type: ResidentialIncome
Year Built: 1988
Lot Size: 3,889 sq ft
MLS Number: 26773107
About This Property
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.
Listing provided by: David Paster DRE #02132722 310-432-6400 paster@jeffyarbrough.com, Keller Williams Beverly Hills
Source: CRMLS, MLS #: 26773107
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.