26 Paloma Avenue presents a rare opportunity to acquire a stabilized, 5-unit residential investment property situated just steps from the legendary Venice Beach Boardwalk and Pacific Ocean. Offered at $2,199,888, this prime coastal asset pairs steady day-one returns (5.16% Cap Rate) with a clear strategic path toward future rental upside in one of Los Angeles’s most tightly held submarkets. 100% leased, all tenants are month-to-month. SB721 compliant. Units are a mix of 2x 2bed/2bath + 3x studio/1bath. 3 covered parking spots.
Exceptional fully entitled oceanfront ground-up opportunity to develop a three-story mixed-use coastal property featuring luxury residential living above ground floor commercial. This represents the only new construction opportunity on Ocean Front Walk in years, offering rare city-approved plans and a meaningful entitlement advantage in one of Los Angeles' most supply-constrained beachfront corridors. The approved design includes approximately 450 square feet of ground-floor commercial space, ideal for boutique retail, gallery, or office use with unmatched boardwalk exposure and foot traffic. Above, plans call for an expansive 4,700 square foot single-family residence, thoughtfully designed with multiple private patios and sweeping panoramic ocean views. Architectural plans and finish packages are complete and ready for immediate execution, allowing construction to commence without delay. Designed by Reed Architectural Group, an award-winning Venice-based firm, the project seamlessly blends contemporary coastal architecture with functional live-work flexibility. Ideally located just steps from Abbot Kinney Boulevard, Main Street, and Rose Avenue, this offering presents a rare opportunity for an owner-user, investor, or developer to create a truly iconic oceanfront property in the heart of Venice.
RTI opportunity for the complete renovation of two two-story, four-unit buildings (eight total units) with both coastal and city approvals in place. This offering provides a rare chance to reposition a legacy multifamily asset with clear entitlement visibility in one of Los Angeles' most supply-constrained coastal markets. A full construction quote is in hand, offering transparency on scope, timing, and overall cost, and allowing a buyer to move forward with confidence. The approved plans include private outdoor patios for all four ground-floor residences, enhancing indoor-outdoor coastal living and tenant appeal. Situated directly on Venice Beach's world-famous boardwalk, the property enjoys unobstructed ocean views and irreplaceable oceanfront frontage. The location is further enhanced by close proximity (just two blocks) to Abbot Kinney Boulevard, Main Street, and Rose Avenue, placing premier dining, retail, and lifestyle amenities within easy reach. Architectural plans and finish packages are complete and ready for immediate execution, enabling construction to commence without delay. This is an exceptional value-add investment opportunity combining RTI entitlements, premier oceanfront exposure, and enduring rental demand in one of Southern California's strongest coastal submarkets.
Rare Venice Beach Boardwalk mixed-use development opportunity at 723 Ocean Front Walk. Approx. 8,165 SF / 0.19-acre parcel at the NW corner of Ocean Front Walk and Park Ave with direct Boardwalk frontage. City Planning and California Coastal Commission-approved development program, subject to applicable permit conditions and remaining governmental requirements, for an approx. 12,983 SF three-story mixed-use project containing 16 residential units, including 3 Very Low-Income units, plus approx. 1,363 SF of ground-floor commercial / retail-takeout restaurant space. Plans also include approx. 1,488 SF rooftop community space, 9 vehicle parking spaces and 26 bicycle spaces. C1-1 zoning / Community Commercial land-use designation. Approx. three blocks from Abbot Kinney Blvd with convenient access to Main Street, Santa Monica and Marina del Rey. Offered at $6,950,000. Buyer to independently verify zoning, entitlement and permit status, conditions of approval, expiration dates, plans, dimensions, square footage, allowable uses and all governmental or construction requirements.
Iconic Venice property with 3 floors of renovated creative space ready for occupancy. Light and bright loft like interiors with polished concrete floors, walls of glass, wood beam features and operable windows. Live/work possible (buyer to verify). Activated rooftop with open panoramic views. Gated on-site parking for 20 vehicles. Direct elevator access to each floor with 2 private restrooms, and kitchen. Corner of Lincoln and Venice Blvd, at the crossroads of Venice & Marina Del Rey. Central accessibility to major freeways and high streets. Includes billboard with $4,000 monthly income.
This industrial loft style condo at Venice Art Lofts features polished concrete floors, high ceilings, and an oversized walkout patio. Custom built-in cabinetry and desktop provides workspace and tons of storage. Unit can be accessed from within the complex, or directly off Hampton via the patio gate. Two dedicated parking spaces in underground secured parking, in addition to plenty of guest parking. This remarkable complex is impeccably maintained and zoned LAM1 as a work/live residence. Just blocks away from Abbott Kinney, Main Street and the Venice Boardwalk, this location offers nearby amenities that include bakeries and eateries, coffee/matcha cafes, gyms/fitness studios, boutique shopping, transit options, and the beach! All appliances, including washer/dryer included.
Nestled in the heart of Venice and only blocks from the ocean, this property is a must see! Located in one of Los Angeles' most sought-after neighborhoods, this property sits at the vibrantintersection of Venice's most iconic attractions -- Venice Beach, Main Street, Windward Circle, and Abbot Kinney. The land is in the immediate vicinity to exceptional dining, art galleries,upscale boutiques, and latest fashion/style. This location is not just desirable, it's unbeatable! This unique opportunity caters to homeowners, investors, adaptive reuse pros, communityassociations and planned communities, and developers alike. With Multifamily (RD 1.5-1) Zoning, eligibility for Transit Oriented Communities (TOC) incentives, and/or small lot subdivision,the potential here is immense! Whether you're looking to create your dream home or capitalize on a prime investment, this property offers a canvas for your vision. Currently, the propertyhosts an approximately 10,000 square-foot building footprint consisting of a Church and an attached reading room; those structures contain incredible amounts of lumber, copper wiring(recently inspected), and other valuable building materials therein, and a recently repaired roof structure with Asphalt Shingles (40-year warranty) and small flat top area with white roofreflective coating. The main Church building has a new, state-of-the-art HVAC system. An adjacent parking lot offers convenient access, complemented by exterior security cameras. Thebuildings contain at least seven bathrooms, one of which has a shower. The main church building also features a large auditorium with a separation wall that can be opened or closed, aswell as a large and very beautiful church organ. To top it off, the entire building envelope was fully repainted in 2019. This property is extremely appealing as it is not in a flood or very highfire severity zone and is not RSO. Seize this opportunity quickly; it won't last long. ----NOTE: THIS IS A DUPLICATE LISTING, WHICH IS THE SAME AS MLS# 25-488871----
