Venice Homes with Quadruplex Subtype

Venice Homes with Quadruplex Subtype

Welcome to the enchanting city of Venice, California, where the sun-kissed beaches meet vibrant culture and artistic flair. Nestled within the heart of Los Angeles County, Venice is a unique coastal community renowned for its picturesque canals, eclectic boardwalk, and lively atmosphere. With a rich history dating back to the early 1900s, this charming neighborhood has evolved into a hub for creativity, attracting artists, musicians, and dreamers alike.

In Venice, the allure of coastal living is complemented by an array of amenities, including trendy boutiques, gourmet eateries, and lively street performers. Whether you're strolling along the iconic Ocean Front Walk or soaking in the stunning sunset views from the beach, you'll find that Venice is a place where every day feels like a vacation.

For those seeking investment opportunities or multi-family living, the quadruplex homes in Venice present a compelling option. These unique properties offer four separate living units, making them ideal for both investors looking to generate rental income and families seeking to live close together while maintaining their independence. With the potential for strong rental demand in this sought-after area, quadruplex homes provide a strategic investment in one of California's most desirable locales.

Imagine the possibilities of owning a quadruplex in Venice—whether you choose to host vacationers, create long-term rentals, or simply enjoy the vibrant community lifestyle with family and friends. With its stunning beaches, artistic spirit, and diverse living options, Venice is not just a place to live; it’s a lifestyle waiting to be embraced. Discover your next home in this captivating coastal paradise today!

Newest Venice 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.