$1,650,000
1912 Pacific Avenue, Venice CA 90291
Multi-Family (2 Units)
Property type
259 days
On market
$1,101
Price per sqft
N/A
Garage
1955
Year built
2,725 sqft
Lot size
Home highlights
Open Houses
Overview
Presenting 1912 Pacific Avenue, a 2-unit multifamily property ideally located in the heart of Venice, just one block from the beach. The unit mix consists of two 2-bed/1-bath residences, offering well-sized layouts that cater to strong tenant demand in this highly desirable coastal market. Fully occupied and well-positioned, the property provides immediate income with...
Listing provided by: Donald Heller DRE #01198240 424-655-3867, Christie's International Real Estate SoCal, Penny Muck DRE #01820065 310-266-9946, Pardee Properties
Listing updated: May 11, 2026 at 07:13pm.
Last checked: Jun 4, 2026 at 08:30am
Source: CRMLS #25593451
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $3,898 | $3,898 | $3,898 | Unfurnished |
| 2 | 2 | 1 | — | $2,672 | $2,672 | $2,672 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Carpet: 2
Refrigerator: 2
Tenant Pays: Cable Tv, Electricity, Gas, Insurance, Trash Collection
Financial Snapshot
Gross Rent Multiplier
258.6x
List Price / Annual Gross Rent
Cap Rate
3.7%
NOI / List Price
Net Operating Income: $61,053
Interior
Flooring: Carpet, Laminate
Cooling: None
Heating: Wall Furnace
Appliances: Refrigerator
Fireplace: Living Room
Exterior
Property Attached: Yes
Stories Total: 0
Levels: Two
Common Walls: One Common Wall
Direction Faces: West
View: None
Garage and Parking
Parking: Carport
Uncovered Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 4238022010
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1912 Pacific Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,320,000
Total Interest
$1,683,587
Total Payment
$3,003,587
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,212
per month
Property History for 1912 Pacific Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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