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Venice, CA

$2,995,000

117 Paloma Avenue, Venice, CA
6
Beds
9
Baths
3,778
Sq Ft
1922
Built
49
Days listed

About this home

$200,000 PRICE REDUCTION!!! 117-117 1/2 is a 9-unit apartment building located in the heart of Venice. It is located across the street from the Google Headquarters and the future site of the 341 - unit development for the Venice Metro Yard. The development plan features 12,900 square feet of public open space, a pedestrian crossing for beach access and integration of the existing Vietnam War Memorial. In addition, the project offers 30,000 square feet of commercial space and a subterranean parking garage for residents, commercial tenants, and beach visitors. The property consists of a 2 bedroom + 1 bath house over the garage, 4 - 1 bedroom + 1 bath and 4 Studios. Long term owner - first time on the market in more than 40 years. The property is individually metered for electricity. The 4 Studios are master metered for gas. The remaining 5 units are individually metered for gas. It has copper plumbing and been earthquake retrofitted. Several of the kitchens and bathrooms have been remodeled. The units have hardwood floors. There is on site laundry. The other income ($11,100/year) is from the laundry, parking and garage. The property is located less than 2 blocks from Pacific Ocean on a beautiful walk street surrounded by multi-million dollar homes. It has a 94 Walkscore - close to Abbott Kinney, Main Street, Rose Avenue and the Venice Boardwalk.

Facts & features

Interior
Bedrooms
6
Bathrooms
0 full, 0 half
Living area
3,778 sq ft
Cooling
None
Levels
One
Exterior & lot
Lot size
0.089 acres (3,885 sq ft)
Year built
1922
Parking
Garage
Parking spaces
3
Community
Area
C 11 - Venice
County
Los Angeles
Listing details
Status
Active
Property type
Residential Income
Days on market
49
Listed
2026-05-05
Original price
$3,195,000
Parcel #
4286016020
MLS #
26829513
Listed by
Michael A Salerno · Michael Anthony Salerno

Location

Price history

Listed
$3,195,000 · 2026-05-05
Price reduced
$2,995,000 (−$200,000)
Days on market
49
Current price
$2,995,000
Financing

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Estimated monthly payment
$18,788
$15,144 principal & interest · $3,644 taxes & insurance
$599,000
Estimate only
Loan $2,396,000

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Estimated value range nearby
$4,296,360$5,043,553

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Listing data provided by CRMLS

Listing courtesy of Michael Anthony Salerno. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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117 Paloma Avenue, Venice, CA — $2,995,000 | Your Agent