627 Sunset Avenue , Venice, CA - 90291 is For Sale

  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
  • SB24242643
$5,199,000· Income property

Description

Constructed in 2020, this stunning modern-architectural 2-unit townhome offers over 5,600 square feet of luxury living in the heart of Venice. The front unit spans over 2,800 square feet and includes 4 bedrooms, 4.5 baths, and a 4-car garage with a wine closet. Designed with premium materials, this meticulously crafted three-level home features a primary suite with a private deck, lush landscaping, and a fully built-out walk-in closet. The main level offers a chef's kitchen with Miele appliances, a marble waterfall island, a family room with skylights, a wet bar, a gas fireplace, and access to a rooftop deck with sweeping 360-degree views. The back unit mirrors the front with 4 bedrooms, 4.5 baths, and 2,800 square feet. It boasts a sprawling rooftop deck with a cozy seating area and fire pit, plus a sleek kitchen with a large marble waterfall island, vaulted ceilings, and custom designer finishes throughout. Both units are equipped with wide plank hardwood floors, dual-zone Nest climate control, Fleetwood doors, surround sound, and more. With potential for nearly a 5% cap rate, this property is ideal for investors or owners looking to live in one unit while renting the other.

Features

MLS#: SB24242643
List Price : $5,199,000
Total Units : 2
CAP rate : $4.88
Net Operating Income : $253,600
Sq M : 539 M2
Year Built : 2020
Days on market : 47 Days
Gross taxes : N/A
Address : 627 Sunset Avenue
City : Venice
State : CA
Zip Code : 90291
Neighborhood : N/A
Appliances : Dishwasher, Disposal, Gas Range, Refrigerator
Fireplace Features : Gas
Stories : 3
Laundry : Dryer Included, Inside, Washer Included
Parking Features : Garage, Street
Sale Type : Standard
View : City Lights, Peek-A-Boo
 
Property Type : Residential Income
Property Style : Modern
Original List Price : $5,199,000
Acres : 0.1331
Lot Size (Acres) : 0.1331
Heating : Central
Water : Public
Sewer : Public Sewer
Parking Features : Garage, Street
Pool Desc : None
Security Safety : Gated Community
Interior Features : High Ceilings, Open Floorplan, Recessed Lighting, Wet Bar
Cooling : Central Air
Rooms : Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Suite, Walk-In Closet
Driving Directions : Main St, East on Sunset Ave, or Lincoln Blvd, West on Sunset Ave.
Lot Features : 0-1 Unit/Acre, Landscaped
 
Courtesy of : David Caskey , eXp Realty of California Inc

Location

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) 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 CARETS. 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.
The accuracy of all information, 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 CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).