$2,199,888
FOR SALEActive26 Paloma
Venice CA 90291
2,851
SF
Multi-Family
Type
1965
Built
$772/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
26 Paloma Avenue presents a rare opportunity to acquire a stabilized, 5-unit residential investment property situated just steps from the legendary Venice Beach Boardwalk and Pacific Ocean. Offered at $2,199,888, this prime coastal asset pairs steady day-one returns (5.16% Cap Rate) with a clear strategic path toward future rental upside in one of Los Angeles’s most tightly held submarkets. 100% leased, all tenants are month-to-month. SB721 compliant. Units are a mix of 2x 2bed/2bath + 3x studio/1bath. 3 covered parking spots.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.0809 acres
Lot Size
5
Total Units
2,851 SF
Square Footage
$771.62/SF
Price per SF
5.16%
Cap Rate
$114K
NOI
1,965
Year Built
2
Stories
3
Parking Total
1.05
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
5.16% Cap Rate
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
5.16%
Cap Rate
$113,588
NOI
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CRMLS
MLS# WS26238949
Listed:
Nalren refreshed:
Last updated
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Listed by: FLOW PROPERTIES
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.