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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,750,000

Est. payment - /mo

4 Beds

4 Baths

2,528 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,528 sqft

Price per Sqft $692

MLS Listing ID 25593441

Bedrooms 4

HOA Y/N No

Year Built 1965

Lot Size 2,726 Sqft

Property Description

Presenting 1904 Pacific Avenue, a 4-unit multifamily property ideally located in the heart of Venice, just one block from the beach. The unit mix consists of two studio/1-bath and two spacious 2-bed/1-bath units, providing a balanced blend of rental options for strong tenant demand. Fully occupied and well-positioned, this property offers immediate income with exceptional potential for redevelopment, repositioning, or long-term hold, capitalizing on enduring coastal appeal in one of Los Angeles' most sought-after rental markets. Unlike neighboring Santa Monica, where restrictive rent control caps long-term upside, Venice is governed by the City of Los Angeles, allowing comparatively greater flexibility for rent growth. Investors can also explore ADU additions, redevelopment, or strategic repositioning, striking a balance between stability and meaningful income growth potential. Steps from the sand and the iconic Venice Boardwalk, tenants enjoy proximity to Abbot Kinney, Rose Avenue, and an array of renowned 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, 1904 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 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

Laundry None

Exterior

Parking Features Carport

Pool None

View Y/N No

View None

Total Parking Spaces 3

Private Pool No

Building

Faces West

Entry Level Two

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4238022012

Special Listing Condition Standard

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Listed by Donald Heller Christie's International Real Estate SoCal

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1904 Pacific AVE Venice, CA 90291