Venice (C11) Homes with Quadruplex Subtype

Venice (C11) Homes with Quadruplex Subtype

Welcome to Venice, California – a vibrant coastal community that effortlessly blends artistic charm with a laid-back beach lifestyle. Nestled within Los Angeles County, this iconic neighborhood is renowned for its picturesque canals, stunning beaches, and a rich cultural tapestry that attracts residents and visitors alike. Venice is not just a destination; it's a lifestyle, where the sun shines brightly, and creativity thrives in every corner.

The real estate market in Venice offers a unique opportunity for savvy investors and families alike, particularly with the growing interest in quadruplex homes. Quadruplexes are multi-family residences that consist of four distinct units, providing an ideal setting for those looking to maximize their investment potential while enjoying the benefits of community living. Imagine owning a property where you can live in one unit and generate rental income from the others, all while being just moments away from the sandy shores of Venice Beach.

These homes often feature modern amenities, spacious layouts, and outdoor spaces perfect for soaking up the California sun. With Venice's eclectic atmosphere, you’ll find a mix of historic architecture and contemporary designs, ensuring there’s something to suit every taste. The neighborhood boasts an array of trendy shops, gourmet restaurants, and artistic venues, making it a hub for creativity and innovation.

Whether you’re an investor seeking to tap into the lucrative rental market or a family looking for a unique home, Venice’s quadruplex properties offer a perfect blend of opportunity and lifestyle. Come discover your dream home in this enchanting coastal paradise!

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.