Venice Homes with Quadruplex Subtype

Venice Homes with Quadruplex Subtype

Welcome to the enchanting city of Venice, California, where the sun-kissed beaches meet a vibrant artistic community. Nestled in Los Angeles County, Venice is renowned for its bohemian spirit, picturesque canals, and bustling boardwalk, making it a unique gem within the Golden State. This coastal neighborhood is a haven for creatives, surfers, and families alike, offering a lifestyle that perfectly balances relaxation and excitement.

Venice boasts a diverse range of housing options, but one standout choice is the quadruplex. Homes with a quadruplex subtype are particularly appealing for those looking to invest in real estate or accommodate multi-generational living. These properties typically feature four distinct units, providing the opportunity for rental income while enjoying the benefits of living in one of California's most sought-after locations.

Imagine waking up in your charming Venice quadruplex, with each unit designed to reflect the artistic essence of the neighborhood. Whether you choose to rent out the additional units or invite family and friends to share the space, you'll be part of a vibrant community that thrives on creativity and connection.

From the iconic Venice Beach to the trendy shops along Abbot Kinney Boulevard, life in Venice is filled with endless opportunities for adventure and enjoyment. With its rich history, stunning scenery, and a diverse array of amenities, Venice, CA, is not just a place to live—it's a lifestyle. Explore the possibilities of owning a quadruplex in this thriving coastal enclave and become part of a community that celebrates individuality and innovation.

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.