Venice (C11) Homes with Quadruplex Subtype

Venice (C11) Homes with Quadruplex Subtype

Welcome to Venice, California—a vibrant coastal community that perfectly blends the artistic spirit of Southern California with a laid-back beach lifestyle. Nestled in Los Angeles County, Venice is renowned for its picturesque canals, eclectic boardwalk, and stunning sunsets over the Pacific Ocean. This unique neighborhood is a haven for artists, surfers, and food enthusiasts alike, offering an abundance of charming boutiques, trendy cafes, and street performers that create an atmosphere alive with creativity and energy.

For those seeking a distinctive investment opportunity, consider the quadruplex homes available in this remarkable area. Quadruplex properties in Venice provide a fantastic chance to own multiple units within a single building, making them an ideal choice for both seasoned investors and first-time buyers. These properties not only offer the potential for rental income but also foster a sense of community among residents. With Venice’s ever-growing popularity, the demand for rental units remains strong, ensuring you can capitalize on your investment while enjoying the perks of beachside living.

Imagine waking up to the sound of waves crashing and the salty breeze flowing through your windows. Whether you choose to live in one unit and rent out the others or manage the entire property as a lucrative investment, quadruplex homes in Venice provide flexibility and opportunities for growth. Embrace the Venice lifestyle and explore the possibilities that await you in this coastal gem, where each day feels like a vacation and every corner inspires creativity. Your dream home and investment opportunity are just a heartbeat away!

Newest Venice (C11) Homes with Quadruplex Subtype

$2,850,000
8 Beds 4 Baths SB26039732 MLS Active Status
Situated in a prime Venice location north of Abbot Kinney Blvd, 616 Sunset Ave presents a well-positioned 4-unit multifamily opportunity with additional development upside in one of Los Angeles’ most sought-after coastal submarkets. The property features classic Spanish-style architecture and consists of (4) 2-bedroom / 1-bath units totaling approximately 3,224 square feet on a 4,802 square foot lot. The units have undergone extensive renovations under current ownership, including new 100-amp electrical panels in each unit, recessed lighting, new outlets and switches, new flooring, new drywall and paint throughout, and updated smoke detectors. Kitchens have been upgraded with new countertops, cabinetry, dishwashers, refrigerators, stoves, and vent hoods, while bathrooms feature new showers, tile, and vanities. Each unit is equipped with in-unit stackable washer and dryer systems, significantly enhancing tenant appeal. Second-story units include private balconies with west-facing windows providing strong natural light and ocean breezes, and a shared outdoor patio area further enhances livability. In addition to the stabilized in-place income, ownership has commissioned plans for a detached two-story duplex ADU (Buyer to Verify Feasibility & Permitting) totaling approximately 965 square feet, designed as (2) 1-bedroom / 1-bath units above a new carport structure. The proposed improvement would increase the total unit count from four to six units and expand total living area to approximately 4,356 square feet, creating meaningful long-term income growth potential. The property includes on-site parking for seven vehicles, a new trash enclosure, and a new roof installed in 2022. Currently offering a 4.86% cap rate, 616 Sunset Ave combines comprehensive capital improvements, strong in-place returns, and clear value-add potential in one of Venice’s most desirable neighborhoods.

616 Sunset, Venice

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.