Situated in the vibrant heart of Venice, 616 Sunset Ave stands as an exceptional opportunity for an investor aiming to enhance their portfolio with a prime asset. This charming 4-unit apartment building features classic Spanish-style architecture, each unit offering 2 bedrooms and 1 bathroom. Scrupulously maintained and in great condition, these units span a total of 3,224 square feet on a 4,802 square foot lot.
The property boasts attractive walkways, and conveniently-designed plantings and shared outdoor patio space, providing tenant satisfaction with minimal maintenance required from the owner. Second-story units feature highly desirable balconies with pleasant views, complemented by west-facing windows that invite a refreshing ocean breeze.
The parking lot for 7 cars is made of low-maintenance, long lasting concrete providing ease of ownership and convenience for tenants. Its enviable location in Venice means it's just a short walk to world-class retail and dining on Rose Ave and less than a 5-minute drive to the beach.
Whether you're seeking consistent returns or looking to capitalize on the growth of the area, 616 Sunset Ave represents a compelling investment opportunity in a great location.
Sold for $2,012,500 on 12/04/24
Listing Provided by:
Brett Lyon DRE #01717818 3107801899,
Lyon Stahl Investment Real Estate, Inc.,
Woody Stahl DRE #01399621 310-425-9838,
Lyon Stahl Investment Real Est
$2,012,500
616 Sunset Ave, Venice, CA 90291
--beds
--baths
3,224sqft
Quadruplex
Built in 1960
-- sqft lot
$1,939,200 Zestimate®
$624/sqft
$7,215 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 06, 2024 at 11:22am
Listing Provided by:
Brett Lyon DRE #01717818 3107801899,
Lyon Stahl Investment Real Estate, Inc.,
Woody Stahl DRE #01399621 310-425-9838,
Lyon Stahl Investment Real Est
Bought with:
Brett Lyon, DRE #01717818
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB24202217
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- None
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,224
- Total interior livable area: 3,224 sqft
Property
Parking
- Total spaces: 7
- Parking features: Concrete
- Uncovered spaces: 7
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 4,802 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 4240013007
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking
Location
- Region: Venice
Other
Other facts
- Listing terms: Conventional
Services availability
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Estimated market value
$1,939,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,939,200