$2,250,000
1916 Pacific Avenue, Venice CA 90291
Multi-Family (3 Units)
Property type
259 days
On market
$744
Price per sqft
N/A
Garage
1970
Year built
2,946 sqft
Lot size
Open Houses
Overview
Presenting 1916 Pacific Avenue, a 3-unit multifamily property ideally located just one block from the beach in the heart of Venice. The unit mix consists of one studio, one 2-bed/1-bath residence, and one 2-bed/2-bath residence, offering a versatile blend of layouts that appeal to a broad tenant base. Fully occupied and well-positioned, the property delivers immediate income...
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: Jun 5, 2026 at 10:38pm.
Last checked: Jun 5, 2026 at 11:00pm
Source: CRMLS #25593457
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $4,108 | $4,108 | $4,108 | Unfurnished |
| 2 | 0 | 1 | — | $0 | $0 | $2,350 | Unfurnished |
| 3 | 3 | 2 | — | $4,678 | $4,678 | $4,678 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Refrigerator: 3
Tenant Pays: Cable Tv, Electricity, Gas, Insurance, Trash Collection
Financial Snapshot
Gross Rent Multiplier
208.6x
List Price / Annual Gross Rent
Cap Rate
4%
NOI / List Price
Net Operating Income: $89,791
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Refrigerator
Exterior
Property Attached: Yes
Stories Total: 0
Levels: Two
Common Walls: One Common Wall
Direction Faces: West
View: None
Garage and Parking
Parking: Covered
Parking Total: 7
Lot Information
Land Lease: No
Parcel #: 4238022008
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1916 Pacific Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,800,000
Total Interest
$2,295,801
Total Payment
$4,095,801
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,871
per month
Property History for 1916 Pacific Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
Similar Homes
Listings with similar prices to 1916 Pacific Avenue