Courtesy of: David Paster, Keller Williams Beverly Hills, paster@jeffyarbrough.com
Courtesy of: David Paster, Keller Williams Beverly Hills, paster@jeffyarbrough.com
$2,650,000
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6 bed
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6.00 Bath (6 Full)
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Lot: 0.09 Acres
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Other
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$2,650,000
111 Paloma Ave 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.
Courtesy of: David Paster, Keller Williams Beverly Hills, paster@jeffyarbrough.com
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