Venice (C11) Homes with Quadruplex Subtype

Venice (C11) Homes with Quadruplex Subtype

Welcome to Venice, California – a vibrant coastal gem nestled in the heart of Los Angeles County. Known for its eclectic boardwalk, stunning sunsets, and artistic community, Venice is a place where the laid-back beach vibe meets urban sophistication. With its picturesque canals and sandy shores, this unique neighborhood offers a lifestyle that is both invigorating and tranquil.

As you explore the real estate landscape in Venice, you’ll discover an array of housing options, including the increasingly popular quadruplex homes. These multifamily residences are perfect for investors and homeowners alike, providing an excellent opportunity to live in one unit while renting out the others. Imagine waking up to the sound of waves crashing and the scent of salty air, all while benefiting from the additional income generated by your property.

Quadruplex homes in Venice boast modern designs and spacious layouts, often featuring private outdoor spaces perfect for enjoying the California sunshine. With the area’s thriving rental market, owning a quadruplex can be a smart investment, allowing you to capitalize on Venice’s desirability. Residents appreciate the proximity to trendy shops, gourmet restaurants, and cultural attractions, making it an ideal location for both tenants and homeowners.

Whether you’re looking to invest or find your dream home, Venice’s quadruplex properties offer a unique blend of opportunity and lifestyle. Embrace the charm of this coastal community and take the first step towards securing your piece of paradise in Venice, CA.

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.