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$1,650,000
Est. payment /mo
4 Beds
2 Baths
1,499 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,499 sqft
Price per Sqft $1,100
MLS Listing ID 25593451
Bedrooms 4
HOA Y/N No
Year Built 1955
Lot Size 2,726 Sqft
Property Description
Presenting 1912 Pacific Avenue, a 2-unit multifamily property ideally located in the heart of Venice, just one block from the beach. The unit mix consists of two 2-bed/1-bath residences, offering well-sized layouts that cater to strong tenant demand in this highly desirable coastal market. Fully occupied and well-positioned, the property provides immediate income with significant long-term upside, whether held as-is, redeveloped, or strategically repositioned. Unlike neighboring Santa Monica, where restrictive rent control caps long-term upside, Venice is governed by the City of Los Angeles, providing comparatively greater flexibility for rent growth. Investors may also pursue ADU additions, redevelopment, or repositioning strategies to enhance both value and cash flow. Steps from the sand and the iconic Venice Boardwalk, tenants benefit from close proximity to Abbot Kinney, Rose Avenue, and a host of celebrated dining destinations, including Ospi, Kassi Rooftop, Si! Mon, Great White, Ggiata, and Belles Beach House. This prime location ensures consistent tenant demand and long-term appreciation. While available individually, 1912 Pacific may also be acquired as part of a rare 17-unit, 5-parcel multifamily portfolio on Pacific Avenue offering investors the opportunity to control a sizable multifamily footprint in Venice.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Refrigerator
Exterior
Parking Features Carport
View Y/N No
View None
Total Parking Spaces 4
Building
Faces West
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4238022010
Special Listing Condition Standard
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Listed by Donald Heller Christie's International Real Estate SoCal
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