
1916 Pacific Ave, Venice CA
1916 Pacific Avenue | Venice, CA
Marketing description
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/1-bath, 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 with attractive long-term upside, whether maintained as-is, redeveloped, or strategically repositioned.
Unlike neighboring Santa Monica, where restrictive rent control limits long-term potential, Venice is governed by the City of Los Angeles, providing comparatively greater flexibility for rent growth. Investors may also explore ADU additions, redevelopment, or repositioning strategies to enhance both value and cash flow.
Just steps from the sand and the iconic Venice Boardwalk, tenants enjoy walkable access to Abbot Kinney, Rose Avenue, and some of the area’s most 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, 1916 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: 3-unit multifamily property just one block from the beach in the heart of Venice.
Unit Mix: One studio/1-bath, one 2-bed/1-bath, and one 2-bed/2-bath residence—appealing to a broad tenant base.
Income Producing: Fully occupied, providing immediate rental income.
Value-Add Potential: Opportunities for redevelopment, repositioning, or ADU additions to boost value and cash flow.
Regulatory Advantage: Governed by the City of Los Angeles (not Santa Monica), allowing greater rent growth flexibility.
Tenant Appeal: Steps from the sand, Venice Boardwalk, Abbot Kinney, Rose Avenue, and renowned 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.
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