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Sold for $2,300,000
  • $2,300,000

    111 Paloma Ave, Venice, CA 90291

    6beds
    6baths
    3,504sqft
    Multi Family
    Built in 1988
    -- sqft lot
    $2,299,400 Zestimate®
    $656/sqft
    $-- Estimated rent

    Home value

    $2,299,400

    $2.09M - $2.53M

    Not available

    Zestimate® history
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    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.

    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

    Bought with:

    David Paster, DRE # 02132722

    Keller Williams Beverly Hills

    Jeff Yarbrough, DRE # 01341959

    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: $656/sqft
    • Tax assessed value: $520,743
    • Date on market: 4/23/2026

    Price history

    DateEventPrice
    10/28/2026Sold$2,300,000-13.2%$656/sqft
    Source: CLAW #26773107 Report a problem
    9/18/2026Pending sale$2,650,000$756/sqft
    Source: CLAW #26773107 Report a problem
    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
    2026-- $520,743 +2%
    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

    Neighborhood: Venice

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $2,299,400

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $2,299,400