Property listed by Christie's International Real Estate SoCal, Donald Heller 310-893-6223
$2,850,000
Presenting 1908 and 1910 Pacific Avenue, a 2-unit multifamily offering ideally located in the heart of Venice, just one block from the beach. The unit mix includes a 2-bed/1-bath residence at 1908 Pacific and a 3-bed/2-bath residence at 1910 Pacific, appealing to tenants seeking larger, well-located coastal living spaces. Fully… Read More occupied and well-positioned, the property provides immediate income with strong long-term upside, whether held as-is, redeveloped, or strategically repositioned. Unlike neighboring Santa Monica, where restrictive rent control caps long-term upside, Venice is governed by the City of Los Angeles, offering comparatively greater flexibility for rent growth. Investors may also explore ADU additions, redevelopment, or repositioning strategies to further enhance value and income potential. Just steps from the sand and the iconic Venice Boardwalk, tenants enjoy easy access to Abbot Kinney, Rose Avenue, and an array of 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, 1908/1910 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. Read Less
Listing Snapshot
Days Online
22
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,832
Lot Size
0.06 Acres
Year Built
1980
MLS Number
25593447
30 Days Snapshot Of 90291
$2.07M
-5%
(avg) sold price
12
-45%
homes sold
88
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator
Building
Built in 1980, Building area total: 2,832, Levels: Two, Living area: 2832, 2 stories, 1 building, Architectural style: Contemporary, Attached, Common walls: OneCommonWall
Cooling
None
Fireplaces
LivingRoom
Heating
WallFurnace
Income
Gross income: $10,504, Net operating income: $81,591
Lot
0.0626 acres, 2,725 square feet, Size: 2,725
Parking
3 open parking spaces, 3 totals parking, None
Property
Zoning: LAR3, None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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