Venice (C11) Homes with Quadruplex Subtype

Venice (C11) Homes with Quadruplex Subtype

Welcome to the vibrant community of Venice, California, a unique coastal gem nestled within Los Angeles County. Known for its bohemian spirit and artistic flair, Venice offers a captivating blend of sun, surf, and culture. With its iconic boardwalk, eclectic shops, and charming canals, this neighborhood is a haven for those seeking a dynamic lifestyle by the sea.

One of the standout features of Venice is its diverse housing market, which includes the increasingly popular quadruplex homes. These multi-family residences provide an exceptional opportunity for both investors and families alike. With four distinct living units, quadruplexes offer the perfect balance of privacy and community, making them ideal for multi-generational living or generating rental income. Imagine owning a property where you can enjoy the benefits of coastal living while having the flexibility to accommodate loved ones or tenants.

The architectural styles in Venice are as eclectic as its residents, featuring everything from modern beach houses to charming bungalows. Living in a quadruplex allows you to embrace the Venice lifestyle, with easy access to stunning beaches, trendy cafes, and vibrant nightlife. Whether you're strolling along the famous Venice Beach or exploring the local art scene, there's always something new to discover.

Investing in a quadruplex in Venice not only provides a unique living experience but also positions you in one of California's most sought-after neighborhoods. With its rich history, artistic community, and beautiful coastal views, Venice is more than just a place to live—it's a lifestyle waiting to be embraced. Come explore the possibilities that await you 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.