Venice (C11) Homes with Quadruplex Subtype

Venice (C11) Homes with Quadruplex Subtype

Welcome to Venice, California—an enchanting coastal gem nestled in Los Angeles County, where the sun-kissed beaches meet vibrant culture and eclectic charm. Known for its bohemian spirit and artistic flair, Venice is a unique community that offers a lifestyle like no other. With its iconic boardwalk, bustling markets, and picturesque canals, this area is a haven for beach lovers, artists, and families alike.

In the heart of this vibrant neighborhood, you’ll find homes with a quadruplex subtype, providing a rare opportunity for investors and homeowners seeking both charm and potential. Quadruplex properties in Venice are perfect for those looking to maximize their investment while enjoying the benefits of living in one of California's most sought-after locations. Imagine owning a property that not only serves as your residence but also generates rental income from three additional units—it's a savvy way to embrace the Venice lifestyle.

These quadruplex homes often feature a blend of classic architecture and modern amenities, with spacious layouts that cater to a variety of lifestyles. Whether you're drawn to the sound of the waves, the lively street performances, or the local art scene, living in a quadruplex allows you to immerse yourself fully in the Venice experience.

With a strong sense of community, a diverse population, and endless recreational opportunities, Venice truly has something for everyone. Discover the charm and potential of quadruplex living in Venice, where your dream home and investment await!

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.