Venice (C11) Homes with Quadruplex Subtype

Venice (C11) Homes with Quadruplex Subtype

Welcome to Venice, California—a vibrant coastal community where the sun kisses the ocean and creativity flourishes at every corner. Nestled in Los Angeles County, Venice is renowned for its eclectic atmosphere, stunning beaches, and rich cultural history. From the iconic Venice Boardwalk to the charming canals that echo the romance of Italy, this neighborhood offers a unique blend of relaxation and excitement.

Among the diverse real estate options in Venice, homes with a quadruplex subtype stand out as an excellent investment opportunity. A quadruplex consists of four separate living units within one building, making it ideal for savvy investors looking to maximize rental income or families seeking multi-generational living arrangements. Imagine owning a property where you can reside in one unit while renting out the others, creating a steady stream of income in one of California's most sought-after locations.

Venice's real estate market is as dynamic as its artistic community, offering properties that reflect the area’s unique character. Homes with a quadruplex subtype can be found just steps away from the beach, local boutiques, and trendy eateries. With the rising demand for housing in this area, investing in a quadruplex not only provides a chance to tap into the thriving rental market but also allows you to be part of a community that celebrates diversity and innovation.

Whether you're an investor or a future homeowner, Venice's quadruplex properties offer an incredible opportunity to embrace the Southern California lifestyle while securing a promising financial future. Come explore the possibilities that await you in this enchanting coastal gem!

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.