114 Paloma Avenue, Venice, CA 90291

$2,000,000
List Price
$2,000,000
Status
ACTIVE
MLS#
21718392
Year Built
1910
Lot Size
2,820
Acres
0.06
Days on Market
72
Property Type
Multifamily

Property Description

114 Paloma Avenue is a six-unit apartment building in the heart of Venice, CA. Built in 1910, the charming property is comprised of four one-bedroom, one-bathroom, and two studio units. Recent improvements to the property include exterior paint, a new backyard gate, a new fence on the west property line, new vinyl windows throughout the building and a new backyard pergola. Additional upgrades have been made throughout the units. This asset is situated two blocks from the beach and walking distance to Abbott Kinney, the coolest block in America, Main Street, and Rose Avenue. The 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 is a unique opportunity to capitalize on the upside in rental income in one of the strongest and most desirable rental markets in the country.

Additional Information

Total Number of Units
6

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Daniel Withers from Matthews Real Estate Investment Services

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.