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Situated in a prime Venice location north of Abbot Kinney Blvd, 616 Sunset Ave presents a well-positioned 4-unit multifamily opportunity 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 also equipped with new in-unit stackable washer and dryer systems, significantly enhancing tenant appeal. Second-story units include private balconies with west-facing windows that provide strong natural light and ocean breezes, and a shared outdoor patio area further enhances livability. The property includes on-site parking for seven vehicles with a durable concrete surface, a new trash enclosure, and a new roof installed in 2022. The building has previously passed the LA SCEP inspection. Currently offering a strong 4.31% cap rate, 616 Sunset Ave provides investors with stabilized in-place income in a premier coastal location. Positioned within walking distance to retail and dining along Rose Ave and just minutes from the beach, the asset combines comprehensive capital improvements, solid returns, and long-term rental demand in one of Venice's most desirable neighborhoods.
Property Type(s):
Single Family
| Last Updated | 2/23/2026 | Year Built | 1960 |
|---|---|---|---|
| Community | C11 - Venice | County | Los Angeles |
SCHOOLS
| High School | Venice |
|---|
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Washer/Dryer Stacked |
| AREA | C11 - Venice |
| LOT | 4800 sq ft |
| LOT DIMENSIONS | 4802 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean |
| WATER | Public |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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