Venice (C11) Homes with Quadruplex Subtype

Venice (C11) Homes with Quadruplex Subtype

Welcome to Venice, California—an iconic coastal community that beautifully blends laid-back beach vibes with a vibrant urban scene. Nestled in Los Angeles County, this eclectic neighborhood is known for its stunning canals, historic boardwalk, and artistic spirit. With its picturesque sunsets and lively atmosphere, Venice is not just a place to live; it’s a lifestyle.

In the heart of this dynamic locale, you'll find a unique investment opportunity: homes with a quadruplex subtype. These multi-family residences offer an excellent chance for homeowners and investors alike to tap into Venice's booming real estate market. With four distinct living units, quadruplexes provide the perfect balance of privacy and community, making them ideal for generating rental income or accommodating extended family.

Imagine waking up to the sound of waves crashing and the scent of salty air, all while having the convenience of local cafes, boutique shops, and art galleries just a stroll away. The charm of Venice extends beyond its scenic beaches; it’s a hub for creativity, featuring street performers, artists, and musicians that add to the area’s vibrant culture.

Investing in a quadruplex in Venice not only grants you access to a sought-after neighborhood but also positions you to benefit from the steady demand for rental properties in this desirable area. Whether you're looking to create a home for yourself or seeking a lucrative investment, the quadruplex homes in Venice offer an exceptional opportunity to embrace the California dream. Explore this unique market and discover how Venice can be the perfect backdrop for your next chapter!

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.