1916 Pacific Avenue, Venice, CA 90291
Local realty services provided by:CENTURY 21 Sierra Properties
1916 Pacific Avenue,Venice (los Angeles), CA 90291
$2,250,000
- 5 Beds
- - Baths
- 3,024 sq. ft.
- Multi-family
- Active
Listed by: donald heller, penny muck
Office: christie's international real estate socal
MLS#:CL25593457
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,250,000
- Price per sq. ft.:$744.05
About this home
Presenting 1916 Pacific Avenue, a 3-unit multifamily property ideally located just one block from the beach in the heart of Venice. The unit mix consists of one studio, one 2-bed/1-bath residence, and one 2-bed/2-bath residence, offering a versatile blend of layouts that appeal to a broad tenant base. Fully occupied and well-positioned, the property delivers immediate income with attractive long-term upside, whether maintained as-is, redeveloped, or strategically repositioned. Unlike neighboring Santa Monica, where restrictive rent control limits long-term potential, Venice is governed by the City of Los Angeles, providing comparatively greater flexibility for rent growth. Investors may also explore ADU additions, redevelopment, or repositioning strategies to enhance both value and cash flow. Just steps from the sand and the iconic Venice Boardwalk, tenants enjoy walkable access to Abbot Kinney, Rose Avenue, and some of the area's most celebrated dining destinations, including Ospi, Kassi Rooftop, Si! Mon, Great White, Ggiata, and Belles Beach House. This prime location ensures consistent tenant demand and long-term appreciation. While available individually, 1916 Pacific may also be acquired as part of a rare 11-unit, 4-parcel multifamily portfolio on Pacific Avenue offering inv...
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Home facts
- Year built:1970
- Listing ID #:CL25593457
- Added:175 day(s) ago
- Updated:March 10, 2026 at 01:42 AM
Rooms and interior
- Bedrooms:5
- Living area:3,024 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1970
- Building area:3,024 sq. ft.
- Lot area:0.07 Acres
Finances and disclosures
- Price:$2,250,000
- Price per sq. ft.:$744.05
Parking
- Parking description:Covered
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