Property Detail

Description

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.