Paloma Realty Partners is proud to present 45 Paloma Avenue, an 8-unit value-add multifamily opportunity located just steps from the beach in the heart of Venice, one of Los Angeles' most sought-after rental markets. This offering includes eight existing units with the ability to add an ADU, with 3,944 SF of rentable space, situated on a 3,901 SF RD1.5-zoned lot. Positioned just minutes from Abbot Kinney, Rose Avenue, and the Venice Boardwalk, the property benefits from consistent tenant demand and walkable access to restaurants, shops, and major employment hubs. This is a compelling opportunity for investors seeking a stabilized Westside asset with value-add potential and built-in rent growth.The unit mix features 6 studios, and two two-bedrooms units. The seller has resided on the premises for 30 years, and the owners unit is a 2bd/2bth three story townhome with a private roof deck and ocean views. The property was updated in 2012 with new electrical, plumbing and roof throughout. With in-place income producing at a 5% cap rate and pro forma projections reaching 8%the asset provides both immediate yield and long-term upside. 50% LTV Seller financing available for qualified individuals, please connect with agents to learn more.
For sale
$2,900,000
45 Paloma Ave, Venice, CA 90291
5beds
8baths
3,944sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$735/sqft
$-- HOA
What's special
Ocean viewsSteps from the beachPrivate roof deck
- 46 days
- on Zillow |
- 353 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: June 23, 2025 at 05:06pm
Listed by:
Oliver Fries DRE # 01891656 805-259-9638,
Paloma Realty Partners, Inc. 310-392-2436,
Adam Kanizo DRE # 02008361 818-292-1346,
Paloma Realty Partners, Inc.
Source: CLAW,MLS#: 25553113

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 8
Heating
- Has Heating (Unspecified Type)
Cooling
- None
Appliances
- Included: Range/Oven, Dryer, Washer
- Laundry: Common Area
Interior area
- Total structure area: 3,944
- Total interior livable area: 3,944 sqft
Property
Parking
- Parking features: None
Features
- Levels: Three Or More
- Stories: 3
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Beach Access, Ocean Access, Ocean
Lot
- Size: 3,902.98 Square Feet
- Features: Park Nearby
Details
- Additional structures: None
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Utilities & green energy
- Water: District
Community & HOA
Community
- Security: Security Lights, Gated
Location
- Region: Venice
Financial & listing details
- Price per square foot: $735/sqft
- Tax assessed value: $202,605
- Date on market: 6/16/2025
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