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Under contract
  • $2,650,000

    111 Paloma Ave, Venice, CA 90291

    6beds
    6baths
    3,504sqft
    : 
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    Multi Family
    Built in 1988
    -- sqft lot
    $2,521,300 Zestimate®
    $756/sqft
    $-- HOA

    What's special

    Generous living spaceWell-maintained duplexIn-unit laundry
    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.
    88 days
    |
    38
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David Paster DRE # 02132722 415-602-6052,

    Keller Williams Beverly Hills 310-432-6400,

    Jeff Yarbrough DRE # 01341959 323-854-4300,

    Keller Williams Beverly Hills

    Source: CLAW,MLS#: 26773107MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven, Exhaust Fan, Disposal
      • Laundry: In Unit
      Features
      • Ceiling Fan(s)
      • Flooring: Hardwood, Tile
      Interior area
      • Total structure area: 3,504
      • Total interior livable area: 3,504 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Attached Carport, Secured, Covered, Tandem
      • Has carport: Yes
      • Covered spaces: 8
      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: City Lights, Coastline, Ocean, Mountain(s)
      • Has water view: Yes
      • Water view: Coastline,Ocean
      Lot
      • Size: 3,889 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 4286016021
      • Zoning: LAR3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Mediterranean
      • Property subtype: Multi Family
      Condition
      • Year built: 1988

      Community & HOA

      Location
      • Region: Venice

      Financial & listing details

      • Price per square foot: $756/sqft
      • Tax assessed value: $510,533
      • Annual tax amount: $6,536
      • Date on market: 4/23/2026

        Estimated market value

        $2,521,300

        $2.40M - $2.65M

        $6,834/mo

        Price history

        DateEventPrice
        6/4/2026Contingent$2,650,000$756/sqft
        Source: CLAW #26773107 Report a problem
        4/23/2026Listed for sale$2,650,000$756/sqft
        Source: CLAW #26773107 Report a problem
        3/18/2020Listing removed$5,980$2/sqft
        Source: Howard Management Group, Inc. Report a problem
        2/11/2020Price change$5,980-5%$2/sqft
        Source: Howard Management Group, Inc. Report a problem
        1/11/2020Listed for rent$6,295+23.4%$2/sqft
        Source: Howard Management Group, Inc. Report a problem
        2/24/2015Listing removed$5,100$1/sqft
        Source: Westside Properties Report a problem
        1/10/2015Listed for rent$5,100$1/sqft
        Source: Westside Properties Report a problem
        1/8/2014Listing removed$5,100$1/sqft
        Source: Westside Properties Report a problem
        12/13/2013Price change$5,100-7.3%$1/sqft
        Source: Westside Properties Report a problem
        11/15/2013Price change$5,500-4.3%$2/sqft
        Source: Westside Properties Report a problem
        10/5/2013Listed for rent$5,750$2/sqft
        Source: Westside Properties Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,536 +1.9%$510,533 +2%
        2024$6,416 +1.8%$500,524 +2%
        2023$6,301 +4.7%$490,710 +2%
        2022$6,019 +1.6%$481,089 +2%
        2021$5,926 -0.9%$471,657 +1%
        2020$5,981 $466,821 +2%
        2019$5,981 +5.4%$457,668 +2%
        2018$5,675 $448,695 +2%
        2017$5,675 +2.1%$439,898 +2%
        2016$5,557 +3%$431,273 +1.5%
        2015$5,396 +2.5%$424,796 +2%
        2014$5,263 $416,475 +2.5%
        2012-- $406,465 +2%
        2011-- $398,496 +0.8%
        2010-- $395,519 -0.2%
        2009-- $396,460 +2%
        2008-- $388,687 +2%
        2007-- $381,067 +2%
        2006-- $373,596
        2005-- $373,596 +4%
        2004-- $359,091 +1.9%
        2003-- $352,510 +2%
        2002-- $345,599 +4%
        2000-- $332,181
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Venice

        Getting around

        95 / 100
        Walker's Paradise
        99 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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