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2602 Pacific Ave
For Sale $2,699,000 ($807.12 per Sq Ft)
$2,699,000 ($807.12 per Sq Ft)
- 4 Bedrooms
- 4.00 Bathrooms
- 3,344 Sq Ft
- 2,660 Sq Ft
Description
Amazing opportunity for both investors and owner-users! Nestled just moments from the beach - this unique investment property combines SoCal coastal charm with its prime location, and potential to add even more value. 2 of the units (2 bedroom + studio ) have recently been tastefully remodeled with top of the line materials and appliances. Both of these units are currently rented out for short term rentals , but also could be a great possibility to become an owner user unit in the future. New roof, appliances and water heater. Newly upgraded plumbing throughout. 6 carport parking spaces. Laundry room. Superior Venice location, adjacent to the canals . Close proximity to Abbot Kinney, Rose Avenue , acclaimed restaurants, boutique shopping, as well as the area's thriving creative and tech communities. The possibilities here are abundant. With strong underlying land value, a coveted Westside location, and enduring buyer demand, this property represents not only a wonderful place to live, but also a smart investment with significant future potential. **Broker/agents do not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of property provided by the seller or obtained from public records.**
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,699,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 3,344 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1971 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4227010009 |
| MLS # | 26838953 |
| Property ID | 322891028 |
| Lot Sqft | 2,660 |
| Zoning | LARD1.5 |
| Total Units | 4 |
| Days on Market | 23 |
| Original List Price | $2,699,000 |
| Date Updated | June 06, 2026 |
| Date Created | May 29, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 0 | 1.00 | $1,288 | $3,000 |
| Unit #2 | 2 | 1.00 | $2,583 | $6,950 |
| Unit #3 | 0 | 1.00 | $3,170 | $3,170 |
| Unit #4 | 2 | 1.00 | $6,065 | $6,950 |
| Gross Income (Yr) | $ 154,442 |
| Operating Expenses | $ 62,986 |
| Net Income (Yr) | $ 94,300 |
| Cap Rate | 3.50% |
Listing Provided By
Laura Cutrona an agent of . Lic #02004042
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