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Listed by Brett Dalton Lyon • Lyon Stahl Investment Real Estate, Inc.
$ 1,750,000
Est. payment | /mo
3,224 SqFt
$ 1,750,000
Est. payment | /mo
3,224 SqFt
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 3,224 sqft
Price per Sqft $542
MLS Listing ID SB-24202217
Year Built 1960
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.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating None
Cooling None
Fireplaces Type None
Laundry Common Area
Exterior
Garage Concrete
Pool None
Community Features Biking
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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Darren Humphrey
Partner | Lic# DRE 01724424