2418 Pacific Avenue, Venice, California 90291

For the first time in nearly five decades, 2418 Pacific Ave is now

on the market. The sellers own an identical 4-plex next door at

2420 Pacific and are open to offers on both properties, either

together or separately.

These exceptional A-Class Venice assets are on the walk streets of

the Venice Canals and are mere seconds from the beach.

This offering presents an outstanding opportunity for an investor

or owner-occupant to acquire a trophy asset in a highly desirable

area of Venice Beach. The building boasts strong in-place rents

and is being offered at a 4.69% cap rate and 15.19 GRM. With

parking and outdoor space available for 3 out of 4 units, a buyer

will have ease when renting, minimizing vacancy loss.

Each property is a 2,802 square feet 4-unit building on a 2,755-

square foot lot. They feature one 3-br/2-ba unit with a patio and 2

parking spaces, one 2-br/1-ba unit with a large back deck and 2

parking spaces, and 2 studio units with one parking space each

and a patio. 2418 Pacific Ave will be delivered with two vacant

units, a vacant 2-bedroom and a vacant studio, both of which are

situated on the same level, providing an owner occupant the

opportunity to combine them into a single, larger space. 2420

Pacific Ave will be delivered fully occupied and is generating

151,000 in rental income.