26 Paloma, Venice, CA 90291
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26 Paloma, Venice, CA 90291
26 Paloma, Venice, CA 90291
26 Paloma, Venice, CA 90291
26 Paloma, Venice, CA 90291
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Lucas Ferrari

Lucas Ferrari

+1(707) 490-6228
$ 2,199,888
Est. payment /mo
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26 Paloma Venice, CA 90291

3,524 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26238949

HOA Y/N No

Year Built 1965

Lot Size 3,524 Sqft

Property Sub-Type Multi Family

Property Description

26 Paloma Avenue presents a rare opportunity to acquire a stabilized, 5-unit residential investment property situated just steps from the legendary Venice Beach Boardwalk and Pacific Ocean. Offered at $2,199,888, this prime coastal asset pairs steady day-one returns (5.16% Cap Rate) with a clear strategic path toward future rental upside in one of Los Angeles's most tightly held submarkets. 100% leased, all tenants are month-to-month. SB721 compliant. Units are a mix of 2x 2bed/2bath + 3x studio/1bath. 3 covered parking spots.

Location

State CA

County Los Angeles

Area C11 - Venice

Interior

Fireplace No

Laundry Common Area, Inside

Exterior

Fence Block

Utilities Available Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Present Use Multi-Family

Total Parking Spaces 3

Building

Lot Description 0-1 Unit/Acre, Back Yard, Garden, Landscaped, Trees

Story 2

Water Public

Others

Tax ID 4286022008

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)
Listed by ADAM KAWASAWA FLOW PROPERTIES 626-377-7007, DRE #01751923

NEARBY SCHOOLS & PROPERTIES

Lucas Ferrari

Lucas Ferrari

Agent

+1(707) 490-6228

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