Venice (C11) Homes with Quadruplex Subtype

Venice (C11) Homes with Quadruplex Subtype

Welcome to Venice (C11), a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its eclectic mix of art, culture, and beautiful beaches, Venice is a true gem on the West Coast.

If you are looking for a unique investment opportunity, homes with the Quadruplex subtype in Venice are worth considering. These properties offer the potential for multiple rental units, making them a lucrative option for investors looking to maximize their income.

Living in Venice means being surrounded by an array of amenities, including trendy shops, delicious eateries, and a thriving arts scene. With its famous Venice Beach Boardwalk and iconic Muscle Beach, there is never a dull moment in this dynamic community.

Whether you are looking to soak up the sun on the sandy shores, explore the local art galleries, or simply enjoy a leisurely stroll along the picturesque canals, Venice has something for everyone. With its laid-back atmosphere and diverse population, Venice embodies the essence of California cool.

Don't miss out on the opportunity to own a piece of this unique neighborhood. Explore the homes with Quadruplex subtype in Venice and discover the endless possibilities that await in this one-of-a-kind community.

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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