Presenting 1914 Pacific Avenue, a well-located 4-unit multifamily property just one block from the beach in the heart of Venice. The unit mix consists of two studios, one 2-bed/1-bath residence, and one 3-bed/2-bath residence, providing a diverse blend of layouts that appeal to a wide tenant base. Fully occupied and… Read More ideally positioned, the property offers immediate income with compelling long-term upside through redevelopment, repositioning, or strategic value-add improvements. Unlike neighboring Santa Monica, where restrictive rent control limits long-term returns, Venice is governed by the City of Los Angeles, allowing comparatively greater flexibility for rent growth. Investors may also consider ADU additions, redevelopment, or repositioning strategies to maximize both value and cash flow. Just steps from the sand and the iconic Venice Boardwalk, tenants enjoy proximity to Abbot Kinney, Rose Avenue, and some of the Westside's most renowned dining and lifestyle destinations, including Ospi, Kassi Rooftop, Si! Mon, Great White, Ggiata, and Belles Beach House. This coastal location ensures consistent tenant demand and long-term appreciation. While available individually, 1914 Pacific may also be acquired as part of a rare 17-unit, 5-parcel multifamily portfolio on Pacific Avenue, providing investors with 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. Read Less
Courtesy of Christie's International Real Estate SoCal 310-893-6223
Listing Snapshot
Days Online
21
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,768
Lot Size
0.06 Acres
Year Built
1964
MLS Number
25593455
30 Days Snapshot Of 90291
$2.06M
-7%
(avg) sold price
12
-42%
homes sold
93
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Built-Ins, Garbage Disposal, Refrigerator
Building
2,768 sq ft, Built in 1964, Levels: Two, Attached, Low Rise
Cooling
None
Disclosures
As Is, Coastal Zone, Coastal Commission Restrictions
Floors
Engineered Hardwood, Carpet
Garage
Covered Parking
Heating
Wall
Lot
LotAcreage: 0.0625, LotSizeArea: 2,724
Parking
CoveredParking: 5, TotalParking: 0
Property
NumberOfUnits: 4, Zoning: LAR3
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