45 Paloma Avenue
Venice, CA 90291 • 5 Bed • 8 Bath • 3,944 sq.ft.

Property summary

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.

Days on market: 8

Listing updated: June 24, 2025 - 10:02:06

Property details

Property ID
25553113
Size
3944 sq.ft.
Home Type
Residential Income
Year Built
1920
Property Size
0.0896 acre
Garage
Levels
Spa
No
Patio
No
Basement
No
View
Ocean
Pool
No

Listed by: Oliver Fries DRE #01891656 310-392-2436, Paloma Realty Partners, Inc. - Beverly Hills/Greater LA

Source: Beverly Hills/Greater LA, MLS#: CLW-X80545 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
8
Kitchen
Dryer, Washer
Cooling
None
Heating
N/A
Flooring
N/A
Laundry
Common Area
$2,900,000
Property price
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-24 13:28:40 PST 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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