




111 Paloma Ave, Venice, CA, 90291
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1988
Type & Style
- Home type: MultiFamily
- Architectural style: Mediterranean
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Washer,Vented Exhaust Fan,Refrigerator,Range/Oven,Exhaust Fan,Disposal
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
Features
- Ceiling Fan(s)
- Flooring: Hardwood,Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 3,504
- Total interior livable area: 3,504 sqft
Property
Details
- Parcel number: 4286016021
- Zoning: LAR3
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City Lights,Coastline,Ocean,Mountain(s)
- Has water view: Yes
- Water view: Coastline,Ocean
Lot
- Lot size: 3,889 sqft
Parking
- Total spaces: 8
- Parking features: Attached Carport,Secured,Covered,Tandem
- Covered spaces: 8
- Carport: Yes
