$2,650,000
 $14,226 est/mo Sourced by Back At You

111 Paloma Avenue,Venice, CA 90291

Venice, CA 90291

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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.

Details

MLS #26773107
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1988
Days On Site135
Listing Provided ByKeller Williams Beverly Hills | David Paster

Features

Bed(s)6
Bath(s)6
SQ Feet3,504
Car PortYes
Story(s)2
Units2
Building(s)1
ZoningLAR3
Acreage0.09
Property ViewYes

Interior

CoolingCentral Air
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesCeiling Fans
AppliancesDishwasher, Disposal, Refrigerator, Vented Exhaust Fan, Dryer, Washer

Parking

Attached Garage Yes / NoYes
Parking FeaturesAttached Carport, Controlled Entrance, Covered, Garage, Tandem
Garage Yes / NoYes

Area Information

StateCA
CountyLos Angeles
CityVenice
Zip Code90291
AreaC11 Venice
Listing VS Median (in 90291)
Price:
$2,650,000
low | high
Med:
$2,545,000
53.962264150943% of Average
sqft:
3,504
low | high
Med:
3,643
46.047374429224% of Average
$ / sqft:
$756
low | high
Med:
$722
54.477943817644% of Average
On site:
135
low | high
Med:
216
62.5% of Average
Sourced by Back At You

Market Activity 90291

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityVenice
Zip Code90291
AreaC11 Venice
Listing VS Median (in 90291)
Price:
$2,650,000
low | high
Med:
$2,545,000
53.962264150943% of Average
sqft:
3,504
low | high
Med:
3,643
46.047374429224% of Average
$ / sqft:
$756
low | high
Med:
$722
54.477943817644% of Average
On site:
135
low | high
Med:
216
62.5% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.987M - $3.312M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
117 Paloma Avenue Property Photo 1
$2,995,000
117 Paloma Avenue
Venice, CA 90291
34 Dudley Avenue Property Photo 1
$1,995,000
34 Dudley Avenue
Los Angeles, CA 90291
Listing Updated: August 23, 2026 at 12:06:47 PM PDT