Under Contract

111 Paloma Avenue

Venice, CA 90291

$2,650,000 $11,172/Mo

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Overview

Bed

Bath

3,504

Sqft

3,889

Sqft(Lot)

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 design ed 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.

Property Details

Property Type : Residential Income

Price : $2,650,000

AD Id : 77695646

MLS Id : 26773107

Beds : 6

Lot Size : 3,889 Sqft

Living Area Size : 3,504

Year Built : 1988

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 6

Bathroom Information

Total Baths: 6 Full Baths: 0 Half Baths: 0
Interior Features

Interior Features: Ceiling Fan(s) Property Appliances: Dishwasher,Disposal,Refrigerator,Vented Exhaust Fan,Dryer,Washer Flooring: Tile,Wood
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Building Information

Year Built: 1988 Building Area Total: 3,504

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0893
Lot Size Source: Assessor Lot Size Square Feet: 3889

Listing Price Information

Original List Price: 2,650,000 Listing Contract Date: 2026-04-23
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4286016021

Garage and Parking

Garage Description: Attached Carport,Controlled Entrance,Covered,Garage,Tandem Attached Garage: Yes

Homeowners Association

Other Property Info

Source Listing Status: Active Under Contract Source Neighborhood: C11 - Venice Postal Code Plus 4: 2572 Directions: Between Main and Pacific. Paloma is a walk street. Driveway access via Dudley Ct. Zoning: LAR3 Source Property Type: Residential Income Area: C11 - Venice
Building and Construction

Property Age: 38 Common Walls: 1 Common Wall Year Built Source: Assessor Total Square Feet Living: 3504 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3932 Glencoe Avenue, Venice, CA, 90291	$4,299,000	4	6	4,325	4,325 SqFt
2403 Louella Avenue, Venice, CA, 90291	$2,495,000	--	--	2,947	2,947 SqFt
2478 Glyndon Avenue, Venice, CA, 90291	$1,850,000	4	2	2,807	2,807 SqFt
2040 Glencoe Avenue, Venice, CA, 90291	$4,748,000	4	4	3,800	3,800 SqFt
2445 Glyndon Avenue, Venice, CA, 90291	$4,650,000	5	5	3,950	3,950 SqFt
2026 Louella Avenue, Venice, CA, 90291	$4,095,000	4	4	3,400	3,400 SqFt
2477 Walnut Avenue, Venice, CA, 90291	$1,885,000	4	2	1,398	1,398 SqFt
1347 Palms Boulevard, Venice, CA, 90291	$9,600,000	4	4	3,872	3,872 SqFt
2013 Louella Avenue, Venice, CA, 90291	$3,648,000	4	4	3,175	3,175 SqFt
2036 Glyndon Avenue, Venice, CA, 90291	$4,995,000	5	5	4,275	4,275 SqFt

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ByOwner last updated this listing 06/10/2026 @ 05:28

MLS: 26773107 LISTED BY: David Paster, Keller Williams Beverly Hills 310-432-6400 SOURCE: CRMLS