45 Paloma Ave Immeuble residentiel 8 lots 2 502 613 € (312 827 €/Lot) Taux de capitalisation 5,05 % Venice, CA 90291

Paloma Realty Partners is proud to present 45 Paloma Avenue,
an 8-unit value-add multifamily opportunity located just steps
from the beach in the heart of Venice, one of Los Angeles’ most
sought-after rental markets. This offering includes eight existing
units with the ability to add an ADU, with 3,944 SF of rentable
space, situated on a 3,901 SF RD1.5-zoned lot.
Positioned just minutes from Abbot Kinney, Rose Avenue, and the
Venice Boardwalk, the property benefits from consistent tenant
demand and walkable access to restaurants, shops, and major
employment hubs. This is a compelling opportunity for investors
seeking a stabilized Westside asset with value-add potential and
built-in rent growth.
The unit mix features 6 studios, and two two-bedrooms units. The
seller has resided on the premises for 30 years, and the owners
unit is a 2bd/2bth three story townhome with a private roof deck
and ocean views. The property was updated in 2012 with new
electrical, plumbing and roof throughout. With in-place income
producing at a 5% cap rate and pro forma projections reaching 8%
the asset provides both immediate yield and long-term upside.
50% LTV Seller financing available for qualified individuals, please
connect with agents to learn more.