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45 Paloma Avenue, 
Venice, CA 90291

$2,900,000


5

Beds


8

Baths


3,944

Sq Ft


Multi-Family

Active

Listed by

Oliver Fries

Adam Kanizo

Paloma Realty Partners, Inc.

310-392-2436

Last updated:

June 17, 2025, 01:23 AM

MLS#

25553113

Source:

CRMLS

About This Home

45 Paloma Avenue

Paloma Realty Partners is proud to present 45 Paloma Avenue, an 8-unit value-add multifamily opportunity located just blocks 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 theVenice 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.

Home Facts

Multi-Family

8 Baths

5 Bedrooms

Built in 1920

Price Summary

2,900,000

$735 per Sq. Ft.

MLS #:

25553113

Last Updated:

June 17, 2025, 01:23 AM

Added:

1 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

8

Interior

Living Area:

3,944 Sq. Ft.


Structure

Structure

Building Area:

3,944 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

3,902


Finances & Disclosures

Finances

Price:

$2,900,000

Price per Sq. Ft:

$735 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Sky Ridge Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Sky Ridge Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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