Venice (C11) Homes with Quadruplex Subtype

Venice (C11) Homes with Quadruplex Subtype

Welcome to Venice, California—a vibrant coastal community that perfectly blends artistic flair with stunning natural beauty. Nestled within the bustling Los Angeles County, Venice is renowned for its picturesque canals, eclectic boardwalk, and a rich cultural scene that draws residents and visitors alike. With its sunny weather, sandy beaches, and an array of dining, shopping, and entertainment options, Venice offers an unparalleled lifestyle that many dream of.

One of the unique opportunities for homebuyers in this charming neighborhood is the availability of quadruplex properties. These multi-family homes provide a fantastic investment opportunity for those looking to generate rental income while residing in one of California's most sought-after locales. Quadruplexes in Venice typically feature four separate living units, making them ideal for both investors and larger families seeking to live close together while enjoying their own private spaces.

The architectural styles of these homes often reflect the creative spirit of Venice, with many featuring modern designs that harmonize with the coastal environment. Living in a quadruplex not only allows you to benefit from multiple rental incomes but also fosters a sense of community, as you share your living environment with neighbors who may become lifelong friends.

Whether you're drawn to the artistic allure of Abbot Kinney Boulevard or the serene beauty of Venice Beach, owning a quadruplex in this captivating neighborhood offers the perfect blend of investment potential and lifestyle enhancement. Discover the charm of Venice, where every day feels like a vacation and the opportunities are as vast as the Pacific Ocean!

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.