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We are very pleased to exclusively offer for purchase 114 Paloma Avenue, a 6-unit apartment building located less than two blocks from the Pacific Ocean, situated on a beautiful Venice Walk Street surrounded by multi-million-dollar homes. Boasting a 95 Walkscore, 114 Paloma is being delivered with 4 of 6 units vacant, ready to be remodeled and re-rented at market rents. Unique opportunity to purchase a value-add multi-family investment property in prime Venice Beach. Located less than 2 blocks from the beach on a classic walk street. Walking distance to Main Street, Rose Avenue & Abbot Kinney, future residents of 114 Paloma will enjoy a true walker's paradise. Approx. 50% potential upside in rents. The 6-unit property consists of (4) one bedroom, one bath and (2) single, one bath apartments. The vintage units have hardwood floors and tile. Rear unit has access to a stunning and large backyard with tropical landscaping, gorgeous sitting area. The two front units have access to one large 30x30 yard, which creates a beautiful front entrance. 114 Paloma Avenue is a six-unit apartment building in the heart of Venice, CA, beautifully situated on a walk street less than two blocks from the Pacific Ocean. Built in 1910, the charming property is comprised of four one-bedroom, one-bathroom, and two studio units. This asset is situated two blocks from the beach and walking distance to Abbott Kinney, dubbed "the coolest block in America", Main Street and Rose Avenue. This vibrant beach town offers countless activities, premier shopping and trendy restaurants. Known as Silicon Beach, the immediate area is a growing technology and startup hub. 114 Paloma Avenue presents today's savvy multi-family investor the unique opportunity to capitalize on nearly 70% vacancy, creating instant upside in rental income in one of the strongest and most desirable rental markets in the country.
Property Type(s):
Residential Income
| Last Updated | 9/18/2025 | Year Built | 1910 |
|---|---|---|---|
| Community | C11 - Venice | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Refrigerator |
| AREA | C11 - Venice |
| HEAT | Forced Air |
| LOT | 2792 sq ft |
| PARKING | None |
| STORIES | 2 |
| STYLE | Bungalow |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| WATERFRONT DESCRIPTION | Beach Access, Ocean Access |
Location
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Listed with Dana Brody
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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