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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Brett Lyon, DRE #01717818 • Lyon Stahl Investment Real Estate, Inc.

$ 2,850,000

Est. payment | -/mo

4,802 Sqft Lot

Save

$ 2,850,000

Est. payment | -/mo

Save

4,802 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB26039701

Year Built 1960

Lot Size 4,802 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

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

Location

State CA

County Los Angeles

Area C11 - Venice

Interior

Laundry Washer, Stacked Only, Dryer

Exterior

Parking Features Other

Garage Spaces 7.0

Pool None

Building

Water District - Public

Others

Tax ID 4240013007

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

616 Sunset Venice, CA 90291