← All listings
![616 Sunset]()
616 Sunset
Quadruplex 
Print
616 Sunset 
$2,850,000
Offered at
Venice, CA 90291
Los Angeles County
8
Beds
4
Baths
3,224
Sq Ft
4,800
Lot Sq Ft
1960
Year Built
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…
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.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Cooling: Central Air
Appliances
- Included: Dryer
- Laundry: Washer Hookup, Stacked
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,224 sqft
Property
Parking
- Total spaces: 0
- Garage spaces: 0
Features
- Stories: 2
- Has private pool: No
- Has view: Yes
- View features: Ocean
Lot
- Size: 0.11 Acres
- Features: Two To Five Units Acre
Details
- Parcel number: 4240013007
Construction
Type & style
- Home type: Residential
- Property subtype: Quadruplex
Condition
- Year built: 1960
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Lyon Stahl Investment Real Estate, Inc. · Listing Agent: Brett Lyon · 3107801899 · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
Schedule a Showing
Ask about this home
616 Sunset, Venice, CA 90291
951-528-0626
mike@mzhomes.us
mzhomes.us
Text