111 Paloma Ave
VENICE, CA 90291

Property

Ownership: For Sale
Bedrooms: 6 BR
Bathrooms: 6
Area: 3889 sq ft
Lot Size: 0.1 Acres

Financials

Price:$2,650,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Keller Williams Beverly Hills

111 Paloma Ave 6BR Marina Del Rey La

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.

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CLAW

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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.