114 Paloma Avenue

    Venice, CA 90291
    • $2,250,000
    • STATUS: Active
    • ON SITE: 119 days
    • ID#: 19535258
    UPDATED: 48 min ago
    $2,250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Description

    114 Paloma Avenue is a six-unit apartment building in the heart of Venice, CA. Built in 1910, the charming property is comprised of four one-bedroom, one-bathroom, and two studio units. This asset is situated two blocks from the beach and walking distance to Abbott Kinney, "the coolest block in America", Main Street and Rose Avenue. The vibrant beach town offers countless activities, premier shopping and trendy restaurants. Known as Silicon Beach, the immediate area is a growing technology and startup hub. 114 Paloma Avenue is a unique opportunity to capitalize on upside in rental income in one of the strongest and most desirable rental markets in the country.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-04T16:30:10.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.

    www.northsdrealty.com/homes/101500651

    114 Paloma Avenue Venice, CA 90291

    • Price: $2,250,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: 19535258
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1910
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    114 Paloma Avenue is a six-unit apartment building in the heart of Venice, CA. Built in 1910, the charming property is comprised of four one-bedroom, one-bathroom, and two studio units. This asset is situated two blocks from the beach and walking distance to Abbott Kinney, "the coolest block in America", Main Street and Rose Avenue. The vibrant beach town offers countless activities, premier shopping and trendy restaurants. Known as Silicon Beach, the immediate area is a growing technology and startup hub. 114 Paloma Avenue is a unique opportunity to capitalize on upside in rental income in one of the strongest and most desirable rental markets in the country.
    Property Features

    Gross Income 113680.00 Gross Multiplier 19.20 Gross Operating Income 117072.00 Net Operating Income 69711.00 Senior Community YN No Special Listing Conditions Standard Zoning Lar3

    Listing provided courtesy of Daniel Withers of Matthews Real Estate Investment Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-04T16:30:10.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.

     
    The Houston Team | Compass CA DRE#01991628
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    Carlsbad CA, 92009