CA > Venice
Venice, CA 90291,114 Paloma Ave
Venice, CA 90291,114 Paloma Ave
Venice, CA 90291,114 Paloma Ave
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$2,200,000
Est. payment /mo
4 Beds
6 Baths
2,408 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,408 sqft

Price per Sqft $913

MLS Listing ID 25594359

Style Bungalow

Bedrooms 4

Construction Status Repair Cosmetic

Year Built 1910

Lot Size 2,794 Sqft

Acres 0.0641

Property Sub-Type Multi-Family

Property Description

We are very pleased to exclusively offer for purchase 114 Paloma Avenue, a 6-unit apartment building located less than two blocks from the Pacific Ocean, situated on a beautiful Venice Walk Street surrounded by multi-million-dollar homes. Boasting a 95 Walkscore, 114 Paloma is being delivered with 4 of 6 units vacant, ready to be remodeled and re-rented at market rents. Unique opportunity to purchase a value-add multi-family investment property in prime Venice Beach. Located less than 2 blocks from the beach on a classic walk street. Walking distance to Main Street, Rose Avenue & Abbot Kinney, future residents of 114 Paloma will enjoy a true walker's paradise. Approx. 50% potential upside in rents. The 6-unit property consists of (4) one bedroom, one bath and (2) single, one bath apartments. The vintage units have hardwood floors and tile. Rear unit has access to a stunning and large backyard with tropical landscaping, gorgeous sitting area. The two front units have access to one large 30x30 yard, which creates a beautiful front entrance. 114 Paloma Avenue is a six-unit apartment building in the heart of Venice, CA, beautifully situated on a walk street less than two blocks from the Pacific Ocean. Built in 1910, the charming property is comprised of four one-bedroom, one-bathroom, and two studio units. This asset is situated two blocks from the beach and walking distance to Abbott Kinney, dubbed "the coolest block in America", Main Street and Rose Avenue. This vibrant beach town offers countless activities, premier shopping and trendy restaurants. Known as Silicon Beach, the immediate area is a growing technology and startup hub. 114 Paloma Avenue presents today's savvy multi-family investor the unique opportunity to capitalize on nearly 70% vacancy, creating instant upside in rental income in one of the strongest and most desirable rental markets in the country.

Location

State CA

County Los Angeles

Area Venice

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling None

Equipment Range/Oven, Refrigerator

Exterior

Parking Features None

Waterfront Description Beach Access, Ocean Access

View Y/N Yes

View City, City Lights

Building

Architectural Style Bungalow

Level or Stories Two

Construction Status Repair Cosmetic

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Dana Brody

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