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27061845
27061844

1908 Pacific Ave, Los Angeles, CA 90291

DH
CA CA 01198240
Don Heller Group | Christie's International Real Estate AKG
Listed by Don Heller Group | Christie's International Real Estate AKG
$2,850,000
263 days on market
Updated 78 days ago

1908-1910 Pacific Ave Venice, CA

Details
APN 4238-022-011
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 2,832
Units 2
Cap Rate 2.90%
NOI $81,591
Occupancy 100%
Price per SqFt $1,006
Year Built 1980
Buildings 1
Lot Size (SqFt) 2,725
Zoning LAR3

1908 & 1910 Pacific Avenue | Venice, CA

Marketing description

Presenting 1908/ 1910 Pacific Avenue, a 2-unit multifamily offering ideally located in the heart of Venice, just one block from the beach. The unit mix includes a 2-bed/1-bath residence at 1908 Pacific and a 3-bed/2-bath residence at 1910 Pacific, appealing to tenants seeking larger, well-located coastal living spaces. Fully occupied and well-positioned, the property provides immediate income with strong long-term upside, whether held as-is, redeveloped, or strategically repositioned.

Unlike neighboring Santa Monica, where restrictive rent control caps long-term upside, Venice is governed by the City of Los Angeles, offering comparatively greater flexibility for rent growth. Investors may also explore ADU additions, redevelopment, or repositioning strategies to further enhance value and income potential.

Just steps from the sand and the iconic Venice Boardwalk, tenants enjoy easy access to Abbot Kinney, Rose Avenue, and an array of celebrated dining destinations including Ospi, Kassi Rooftop, Si! Mon, Great White, Ggiata, and Belles Beach House. This prime location ensures consistent tenant demand and long-term appreciation.

While available individually, 1908/1910 Pacific may also be acquired as part of a rare 17-unit, 5-parcel multifamily portfolio on Pacific Avenue—offering investors the opportunity to control a sizable multifamily footprint in Venice.

Showings are available only with an accepted LOI or offer. Please do not disturb tenants.


Investment highlights

  • Prime Location: 2-unit multifamily property just one block from the beach in the heart of Venice.

  • Unit Mix:

    • 1908 Pacific – 2-bed/1-bath residence

    • 1910 Pacific – 3-bed/2-bath residence

  • Income Producing: Fully occupied, providing immediate rental income.

  • Value-Add Potential: Options for redevelopment, repositioning, or ADU additions to enhance value.

  • Regulatory Advantage: Governed by the City of Los Angeles (not Santa Monica), offering greater rent growth flexibility.

  • Tenant Appeal: Steps from the sand, Venice Boardwalk, Abbot Kinney, Rose Avenue, and top dining destinations (Ospi, Kassi Rooftop, Si! Mon, Great White, Ggiata, Belles Beach House).

  • Investment Scale: Available individually or as part of a rare 17-unit, 5-parcel multifamily portfolio on Pacific Avenue.

Listing Contacts

DH
CA CA 01198240
Don Heller Group | Christie's International Real Estate AKG
Listed by Don Heller Group | Christie's International Real Estate AKG

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,591.00
$6,799.25/mo

Valuation Metrics

0
DSCR
2.86%
Cap Rate
2.86%
ROI

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Additional Information

Name
Donald Heller
License
CA 01198240
Brokerage
Christie's International Real Estate Socal
Brokerage Phone
424-655-3867
Title
Real Estate Agent
Brokerage Address
11911 San Vicente Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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