Venice (C11) Homes with Quadruplex Subtype

Venice (C11) Homes with Quadruplex Subtype

Welcome to Venice, California – a vibrant coastal gem nestled within the heart of Los Angeles County. Known for its eclectic blend of artistic culture, stunning beaches, and a lively boardwalk, Venice is a unique neighborhood that offers both residents and visitors an unforgettable experience. With its iconic canals, colorful murals, and charming shops, this area is a haven for creativity and community.

Among the diverse housing options in Venice, the quadruplex homes stand out as a perfect investment opportunity. These multi-family residences provide not only a place to call home but also a chance to generate rental income. Imagine owning a property where you can live in one unit while renting out the others, making your investment work for you! The quadruplex subtype is particularly appealing for those looking to maximize their real estate portfolio in a market as dynamic as Venice.

The architecture of these quadruplexes often reflects the laid-back, beachy vibe of the neighborhood, featuring open spaces, modern amenities, and inviting outdoor areas. Many homes are just a stone’s throw away from the sandy shores of Venice Beach, where you can enjoy sun-soaked days and breathtaking sunsets. The community is also renowned for its diverse dining options, trendy boutiques, and vibrant nightlife, all contributing to the unique lifestyle that Venice offers.

Whether you’re seeking a home for your family or a savvy investment, quadruplex properties in Venice provide the perfect blend of comfort, style, and potential. Dive into the Venice lifestyle and discover the endless possibilities that await you!

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.