Property Detail

Description

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 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.