About 111 Paloma Avenue
First time on the market! Exceptional investment opportunity on a prime Venice walk street. Positioned between Main and Pacific, with the iconic Binoculars Building to the east and one block from the sand, this property sits in a consistently strong rental market (Walk Score: 95; Bike Score: 99). This well-maintained duplex features two large 3-bedroom, 3-bath units with highly functional, near-mirror-image layouts. Each unit includes a primary suite with private balcony, in-unit laundry, central A/C, generous living space, and access to an expansive roof deck that spans the entire length of the building (each unit allocated to half). 6 total parking spaces are secured behind remote-controlled garage doors: an exceptional offering in this area and a significant value-add. Originally designed for owner occupancy, the property is currently fully tenant-occupied with a stable rental history. Ideal for investors seeking a turnkey asset in a high-demand coastal market, with strong in-place income and long-term upside potential. Please do not disturb tenants. Buyer to cooperate with Seller's 1031 exchange at no cost to Buyer.
Features of 111 Paloma Avenue
| MLS® # | 26773107 |
|---|---|
| Price | $2,650,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Square Footage | 3,504 |
| Acres | 0.09 |
| Year Built | 1988 |
| Type | Residential Income |
| Style | Mediterranean |
| Status | Active Under Contract |
Community Information
| Address | 111 Paloma Avenue |
|---|---|
| Area | C11 - Venice |
| City | Venice |
| County | Los Angeles |
| Zip Code | 90291 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Attached Carport, Garage, Controlled Entrance, Covered, Tandem |
| Garages | Attached Carport, Garage, Controlled Entrance, Covered, Tandem |
| View | City Lights, Mountain(s), Coastline, Ocean |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile, Wood |
|---|---|
| Interior Features | Ceiling Fan(s) |
| Appliances | Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan, Dryer, Washer |
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | April 23rd, 2026 |
|---|---|
| Days on Market | 86 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | David Paster |
|---|---|
| Office | Keller Williams Beverly Hills |