REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Sep

Sun

Sep

Mon

Sep

Diego Magdaleno

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

$2,250,000

Est. payment - /mo

6 Beds

5 Baths

3,024 SqFt

Save

UPDATED:

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

Read Less Info

Listed by Donald Heller Christie's International Real Estate SoCal

Have questions about this property, other properties, or thinking of selling a similar one? We’re here to help. Simply complete the GET MORE INFORMATION form, and we’ll be in touch shortly!

+1(818) 221-2921

info@1visionproperties.com

GET MORE INFORMATION

QUICK SEARCH

1916 Pacific AVE Venice, CA 90291