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 spirit, Venice is a unique blend of beach culture and urban sophistication. This iconic neighborhood offers an array of attractions, from the lively Venice Beach to the charming canals that inspired its name. With an abundance of boutique shops, trendy cafes, and a thriving art scene, residents enjoy a lifestyle that is both laid-back and dynamic.

For those seeking a versatile investment opportunity, homes with a quadruplex subtype in Venice present an exciting prospect. These multi-family dwellings not only provide the potential for multiple rental incomes but also offer an ideal living arrangement for families or groups looking to reside in this bustling community. Imagine owning a property where you can live in one unit and rent out the others, all while enjoying the vibrant atmosphere of Venice.

The quadruplex homes in this area are often characterized by their unique architectural styles, reflecting the bohemian spirit of Venice. Many feature spacious layouts, modern amenities, and outdoor spaces perfect for soaking up the California sun. With the beach just a stone’s throw away and the lively community events that Venice is known for, living in a quadruplex here means embracing a lifestyle filled with warmth, creativity, and community.

Whether you’re an investor looking to expand your portfolio or a family seeking a home that offers both space and opportunity, Venice’s quadruplex homes are a fantastic choice. Discover the charm and potential of this iconic neighborhood today!

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.