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559 Sunset Avenue, Venice, CA 90291

Local realty services provided by:CENTURY 21 Experience
559 Sunset Avenue,Venice, CA 90291
$5,950,000
  • 26 Beds
  • 14 Baths
  • 10,651 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.
MLS#:25619381
Source:CRMLS

Price summary

  • Price:$5,950,000
  • Price per sq. ft.:$558.63

About this home

559 Sunset Ave, Venice, CA 90291 is a prime coastal multifamily asset featuring fourteen units, including five units delivered vacant at close, offering immediate cash flow and substantial rent growth potential. Positioned on an expansive 11,278 SF RD1.5-zoned double lot, the property provides long-term upside through RTI plans for three ADUs and the ability to further enhance value with strategic renovation and modernization. Current rents are well below market, with pro forma projections showing meaningful income growth as units are upgraded and stabilized, driven by Venice's premium rental demand and limited supply. The property is just minutes from Abbot Kinney, Lincoln Blvd, the beach, and major Silicon Beach employment hubs, with walkable access to neighborhood dining, shopping, and recreation. With strong tenant demand, exceptional fundamentals, and multiple value-add pathways, 559 Sunset Ave offers an outstanding opportunity in one of Los Angeles' most desirable coastal

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Home facts

  • Year built:1964
  • Listing ID #:25619381
  • Added:28 day(s) ago
  • Updated:December 11, 2025 at 08:23 PM

Rooms and interior

  • Bedrooms:26
  • Total bathrooms:14
  • Living area:10,651 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:10,651 sq. ft.
  • Lot area:0.26 Acres

Finances and disclosures

  • Price:$5,950,000
  • Price per sq. ft.:$558.63
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