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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.
| DAYS ON MARKET | 82 | LAST UPDATED | 9/19/2025 |
|---|---|---|---|
| YEAR BUILT | 1970 | COMMUNITY | C11 - Venice |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Refrigerator |
| AREA | C11 - Venice |
| HEAT | Wall Furnace |
| LOT | 2945 sq ft |
| LOT DIMENSIONS | 2946 |
| PARKING | Covered |
| STORIES | 2 |
| VIEW DESCRIPTION | None |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 12/6/25 12:48 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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