Backup offers
$10,000 Closing Credit¹
#SR24203367, Esteban Federovsky, Listing Office: Keller Williams North Valley
#SB24081257·
Listing Office: Lyon Stahl Investment Real Estate, Inc.·
Listing Agent: Cameron Samimi·
Listing Office Phone: 310-259-7556
$2,150,000 List price
2418 Pacific Ave Venice, CA 90291
$10,000
Closing credit¹
0.06 acres
Multi-Family
Property details
About 2418 Pacific Ave
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 owneroccupant 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 4.68% cap rate and 15.21 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 on 3bed/2bath unit with a patio and 2 parking spaces, one 2bed/1bath unit with a large back deck and 2 parking spaces, and 2 studio units with one parking space each and a patio. Reach out for more information regarding 2420 Pacific Ave.
Highlights
Home typeQuadruplex
StatusActive
Lot size0.0632 Acres
Year built1965
MLS #SB24081257
Summary
- MLS Number: SB24081257
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 259-7556
- Listing Agent: Cameron Samimi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,150,000
2418 Pacific Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $576,902 | $7,334 |
| 2023 | $565,592 | $7,201 |
| 2022 | $554,503 | $6,878 |
| 2021 | $543,632 | $6,779 |
| 2020 | $538,059 | $6,582 |
| 2019 | $527,510 | $6,531 |
| 2018 | $517,167 | $6,395 |
| 2017 | $507,028 | $6,395 |
History based on county public records data.
Nearby schools
5
Westminster Avenue Elementary
Public District KG-5
0.6 mi
•1010 Abbot Kinney Blvd
6
Coeur d'Alene Avenue School
Public District KG-5
1.0 mi
•810 Coeur D Alene Ave
8
Broadway Elementary School
Public District KG-5
1.1 mi
•1015 Lincoln Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $108,008. The majority of Venice, CA residents have income between $100k-200k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
18%
<35k
27%
35k-100k
33%
100k-200k
22%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
75%
Single, No Kids
4%
Single, with Kids
14%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
3%
12-17 yrs old
27%
18-34 yrs old
53%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Live Theatre
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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This home is located at 2418 Pacific Ave in Venice, CA and zip code 90291 in the Venice neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $2,150,000.
Over 212 listings were sold over their listed price in February 2025 in Venice, CA. In the same period over 280 listings were sold below the listed price and 105 listings were sold for the listed price. The number of listings in Venice, CA increased by 10.8% between January and February 2025. The median list price of listings available in February 2025 was $989,396, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.