Venice (C11) Homes with Quadruplex Subtype

Venice (C11) Homes with Quadruplex Subtype

Welcome to the vibrant and eclectic neighborhood of Venice, California, where the sun-kissed beaches meet artistic flair and a rich cultural tapestry. Nestled in Los Angeles County, Venice is renowned for its bohemian spirit, picturesque canals, and iconic boardwalk. This coastal gem offers a unique blend of laid-back beach vibes and urban sophistication, making it a sought-after destination for homebuyers and investors alike.

One of the most intriguing opportunities in Venice is the availability of homes with a quadruplex subtype. These multi-family residences provide not only a chance to invest in a thriving rental market but also the flexibility for homeowners to live in one unit while renting out the others. Imagine the potential for passive income while enjoying the vibrant lifestyle that Venice has to offer!

The quadruplex homes in Venice are designed to cater to modern living, with spacious layouts, contemporary finishes, and outdoor spaces perfect for soaking up the California sun. With the beach just a stroll away and the famous Venice Boardwalk bustling with shops, eateries, and street performers, residents enjoy a lively atmosphere that embodies the true essence of Southern California living.

Whether you're looking to make a smart investment or find a charming place to call home, the quadruplex properties in Venice offer a unique opportunity to experience everything this dynamic community has to offer. Embrace the Venice lifestyle, where art, culture, and oceanfront living converge seamlessly. Your dream home awaits in this enchanting coastal enclave!

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.