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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$3,000,000

Est. payment - /mo

8 Beds

4 Baths

3,224 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 3,224 sqft

Price per Sqft $930

MLS Listing ID SB26039732

Bedrooms 8

Full Baths 4

Year Built 1960

Lot Size 4,802 Sqft

Property Sub-Type All Other Attached

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 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

Location

State CA

County Los Angeles

Direction On The Corner of Sunset Ave and Sunset Ct

Interior

Cooling Central Forced Air

Fireplace No

Appliance Dryer

Laundry Washer Hookup

Exterior

View Y/N Yes

Water Access Desc Public

View Ocean

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 4240013007

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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

Nearby School & Business

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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616 Sunset Venice, CA 90291

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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