22
See all 22 photos
$2,250,000
Est. payment /mo
6 Beds
5 Baths
3,024 SqFt
New
1916 Pacific AVE Venice, CA 90291
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $744
MLS Listing ID 25593457
Bedrooms 6
HOA Y/N No
Year Built 1970
Lot Size 2,944 Sqft
Property Description
Presenting 1916 Pacific Avenue, a 3-unit multifamily property ideally located just one block from the beach in the heart of Venice. The unit mix consists of one studio, one 2-bed/1-bath residence, and one 2-bed/2-bath residence, offering a versatile blend of layouts that appeal to a broad tenant base. Fully occupied and well-positioned, the property delivers immediate income with attractive long-term upside, whether maintained as-is, redeveloped, or strategically repositioned. Unlike neighboring Santa Monica, where restrictive rent control limits long-term potential, Venice is governed by the City of Los Angeles, providing comparatively greater flexibility for rent growth. Investors may also explore ADU additions, redevelopment, or repositioning strategies to enhance both value and cash flow. Just steps from the sand and the iconic Venice Boardwalk, tenants enjoy walkable access to Abbot Kinney, Rose Avenue, and some of the area's most 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, 1916 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. Showings are available only with an accepted LOI or offer. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Covered
View Y/N No
View None
Total Parking Spaces 7
Building
Faces West
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4238022008
Special Listing Condition Standard
Listed by Donald Heller Christie's International Real Estate SoCal
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