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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

    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.

    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#: SB24202217MLS LogoOriginating 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
    Get a cash offer in 3 minutes

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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