5-Unit Coastal Apartment
26 Paloma, Venice, CA 90291
For Sale
New
$2,199,888
Fully leased with month-to-month tenancies, the property includes covered parking and a mix of studio and two-bedroom units.
Property Size2,851 SF
Days on Market4
Property Features for 26 Paloma
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Financials
Asking Price
Cap Rate
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
FLOW PROPERTIES
Listed By:
ADAM KAWASAWA · License CA #01751923
(626) 377-7007
Source:
Velocityrealtysd
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 8 at 4:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FLOW PROPERTIES
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Investment Insights
Based on property information with market context.
This five-unit apartment property was built in 1965 and is fully leased, with all tenancies on a month-to-month basis. The unit mix comprises two two-bedroom, two-bath apartments and three studios, each with one bathroom. Three covered parking spaces serve the property, which is SB721 compliant.
The property is at 26 Paloma in Venice, California, a short walk from the Venice Beach Boardwalk and the Pacific Ocean.
The property is at 26 Paloma in Venice, California, a short walk from the Venice Beach Boardwalk and the Pacific Ocean.
Key Highlights
- Five residential units: two 2‑bedroom/2‑bath units and three studio/1‑bath units
- 100% leased; all tenants are month‑to‑month
- Three covered parking spaces
Property Analytics
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Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,169
Businesses Nearby
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Business Placement
Demographics for 90291, CA
28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Venice, CA
Properties on Market for Apartment buildings in Venice
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased with month-to-month tenancies, the property includes covered parking and a mix of studio and two-bedroom units.
Where is this apartment building located?
The property is located at 26 Paloma Venice, CA.
What is the asking price?
The asking price for this property is $2,199,888.
What are key features of this property?
This property features: Five residential units: two 2‑bedroom/2‑bath units and three studio/1‑bath units; 100% leased; all tenants are month‑to‑month; Three covered parking spaces
