$1,650,000

Estimated payment $8,633/month

Total Views 91,336
4 Beds
2 Baths
1,499 Sq Ft
$1,101 Price per Sq Ft

Highlights

  • Living Room with Fireplace
  • Built-In Features
  • Carpet
  • Venice High School Rated A
  • West Facing Home
  • 4-minute walk to Windward Plaza

About This Home

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 significant 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, providing comparatively greater flexibility for rent growth. Investors may also pursue ADU additions, redevelopment, or repositioning strategies to enhance both value and cash flow. Steps from the sand and the iconic Venice Boardwalk, tenants benefit from close proximity to Abbot Kinney, Rose Avenue, and a host 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, 1912 Pacific may also be acquired as part of a rare 11-unit, 4-parcel multifamily portfolio on Pacific Avenue offering investors the opportunity to control a sizable multifamily footprint in Venice.

Listing Agent

Donald Heller

Christie's International Real Estate SoCal License #01198240 Listed on: 09/16/2025

Christie's International Real Estate SoCal

Co-Listing Agent

Penny Muck

Pardee Properties License #01820065

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 2,725 Sq Ft Lot
  • West Facing Home

Interior Spaces

  • 1,499 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Carport

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units
  • Low-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 4238-022-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Low Rise
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1499
  • Lot Acreage: 0.0626
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Carpet: 1
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Laminate
  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Range/Oven, Refrigerator
  • Price Per S Q F T: 1100.73

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Number Patio: 2
  • View: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Carport
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 43.77
  • Assessed Improvement Value: 29529
  • Assessed Land Percent: 56.23
  • Assessed Land Value: 37937
  • Total Assessed Value: 67466
  • Assessor Parcel Number: 4238-022-010
  • Lot Size Area: 2725

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 21.00
  • Number Of Units: 2
  • Number Wall A C: 0
  • Type Of Units: 2

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,082 $68,814 $38,695 $30,119
2024 $1,082 $67,466 $37,937 $29,529
2023 $1,070 $66,144 $37,194 $28,950
2022 $1,031 $64,848 $36,465 $28,383
2021 $1,008 $63,577 $35,750 $27,827
2020 $1,014 $62,926 $35,384 $27,542
2019 $984 $61,693 $34,691 $27,002
2018 $944 $60,484 $34,011 $26,473
2016 $891 $58,138 $32,692 $25,446
2015 $881 $57,265 $32,201 $25,064
2014 $899 $56,145 $31,571 $24,574
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2025 09/16/25 For Sale $1,650,000 0.0% $1,101 / Sq Ft
03/27/2023 03/27/23 Rented $3,500 0.0% --
03/16/2023 03/16/23 Under Contract -- -- --
03/02/2023 03/02/23 For Rent $3,500 +6.1% --
08/05/2020 08/05/20 Rented $3,300 0.0% --
05/18/2020 05/18/20 For Rent $3,300 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Source: Public Records

About the Listing Agent

Donald Heller

Christie's International Real Estate SoCal

(424) 344-5194

Section Image

Don Heller entered real estate in 1996 after a 20-year career as an international CEO in the healthcare and computer automation arenas. He moved to Los Angeles 35 years ago and it is the relationships he established through each real estate opportunity that allowed him to grow his business through referrals. Don has gained knowledge from practicing real estate throughout the Los Angeles basin. He has been repeatedly recognized for his success in new developments, particularly through his

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Source: The MLS

MLS Number: 25593451

The MLS

APN: 4238-022-010