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$2,300,000
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Property 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.
Full Property Details
Full Property Details for 111 Paloma Ave
General
- Sold For: $2,300,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26773107
- Added to Site: 202 day(s) ago
Interior
- Flooring: Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: In Unit
Additional Information
- Other Features: None
Parking
- Covered Spaces: 8
- Garage Description: Carport Attached, Controlled Entrance, Covered Parking, Tandem
Location
- Area: Venice
- County: Los Angeles
- Driving Directions: Between Main and Pacific. Paloma is a walk street. Driveway access via Dudley Ct.
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- # Buildings: 1
- Architectural Style: Mediterranean
- Common Walls: Attached
- Stories/Levels: 2
- Square Feet: 3,504
- Sq. Ft. Source: Assessor
- Year Built: 1988
- Year Built Source: Assessor
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Total Bathrooms: 3
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Property View: City Lights, Coastline, Ocean, Mountains
- Lot Size (Acres): 0.0893
- Lot Size: 3889
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $756.28
- Assessment Year: 1988
Disclosures and Reports
- Disclosures/Reports: Property Report
- APN: 4286-016-021
Listed and Sold by Keller Williams Beverly Hills, David Paster and Keller Williams Beverly Hills, Jeff Yarbrough
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Schools
Schools serving 111 Paloma Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Westminster Avenue Elementary School 1010 Abbott Kinney Blvd., Los Angeles, CA 90291 | K-5 | 0.4 mi |
Mark Twain Middle School and World Languages Magnet 2224 Walgrove Avenue, Los Angeles, CA 90066 | 6-8 | 1.9 mi |
Venice Senior High School 13000 Venice Boulevard, Los Angeles, CA 90066 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 Paloma Ave
Date
Details
Price
Change
Source
10/28/2026
Sold
$2,300,000
-13.21%
MLS
4/23/2026
Listed
$2,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
111 Paloma Ave, Venice, CA 90291 (MLS# 26773107) is a Multi-Family property that was sold at $2,300,000 on October 28, 2026. Want to learn more about 111 Paloma Ave? Do you have questions about finding other Multi-Family real estate for sale in Venice? You can browse all Venice real estate or contact a Coldwell Banker agent to request more information.
