$1,750,000
616 Sunset Avenue Venice, CA 90291
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$1,750,000
Est. payment /mo
8 Beds
4 Baths
4,802 Sqft Lot
UPDATED:
10/11/2024 11:38 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SB24202217
Bedrooms 8
HOA Y/N No
Lot Size 4,802 Sqft
Property Description
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.
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.
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.
Location
State CA
County Los Angeles
Area Venice (90291)
Zoning Assessor
Building
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $39
Acceptable Financing Conventional
Space Rent $3,500
Listing Terms Conventional
Read Less Info
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
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