Venice Homes with Quadruplex Subtype

Venice Homes with Quadruplex Subtype

Welcome to the enchanting city of Venice, California, where the sun-kissed shores meet a vibrant cultural scene. Nestled within Los Angeles County, Venice is renowned for its bohemian spirit, artistic flair, and stunning beachfront views. This iconic neighborhood is not only a haven for surfers and sunbathers but also a thriving hub for creativity and innovation. With its famous boardwalk, eclectic shops, and lively street performers, Venice offers a unique blend of laid-back beach life and urban excitement.

If you're considering investing in a home in this captivating locale, look no further than the charming quadruplex properties that Venice has to offer. Perfectly suited for those seeking both a residence and an investment opportunity, these unique homes provide four separate living units, allowing for diverse rental possibilities or multi-generational living. Imagine the potential of owning a quadruplex just steps away from the beach, where you can enjoy the coastal breeze and the vibrant community atmosphere.

The quadruplex homes in Venice are not only functional but also architecturally appealing, often featuring modern designs that complement the artistic vibe of the area. With ample space for outdoor living, you can create your own private oasis amidst the bustling city. Whether you're looking to generate rental income or accommodate family and friends, a quadruplex in Venice offers the perfect blend of lifestyle and investment.

Explore the charm of Venice, where every day feels like a vacation, and discover the endless possibilities that come with owning a quadruplex in this remarkable city. Your dream home awaits!

Newest Venice 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.