1916 Pacific Ave
Venice, CA 90291
Presenting 1916 Pacific Avenue, a 3-unit multifamily property ideally located just one block from the beach in the heart of Venice.
Sales Price $2,250,000
Beds
6
Baths
5
Home Size
3024 Sq. Ft.
Lot Size
2946 Sq. Ft.
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 17-unit, 5-parcel multifamily portfolio on Pacific Avenue offering investors the opportunity to control a sizable multifamily footprint in Venice. Showings are available only with an accepted LOI or offer. Please do not disturb tenants.
This home located at 1916 Pacific Ave is currently active and has been available on pardeeproperties.com for 3 days. This property is listed at $2,250,000. It has 6 beds and 5 bathrooms. The property was built in 1970. 1916 Pacific Ave is in the Venice community of Los Angeles County.
Quick Facts
- 3 days on market
- Built in 1970
- Total parking spaces 7Car
- Covered Parking
- Community | Venice
- MLS# | 25593457
Features
- None Cooling
- Wall Heat
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