Income Home for Sale in Venice, California

111 Paloma Avenue, Venice, California 90291, US

$ 2,650,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,650,000
  • MLS ID: 26773107
  • Property Type: Income Home
  • WEB ID: PR03586621
  • Property Status: Active Under Contract
  • Lot Size: 3,889sqft
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California
  •  Income Home for Sale in Venice, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 2,650,000
  • MLS ID: 26773107
  • Property Type: Income Home
  • WEB ID: PR03586621
  • Property Status: Active Under Contract
  • Lot Size: 3,889sqft
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.

Additional Features

  • Central
  • Two
  • Coastline
  • Ocean
  • Mountain(s)
  • City Lights
  • Parking spaces: 6.00
  • Listing Status: Active Under Contract
  • Listing Agent: David Paster (lic# 02132722) of Beverly Hills/Greater LA
  • Listing Office: Keller Williams Beverly Hills (lic# 01428775)
  • CO-Listing Agent: Jeff Yarbrough (lic# 01341959) of Beverly Hills/Greater LA
  • CO-Listing Office: Keller Williams Beverly Hills (lic# 01428775)
  • Based on information from CRISNet MLS as of 8th August 2026 at 11:02pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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