Property listed by Lyon Stahl Investment Real Estate, Inc., Jake Glaser 310-425-9838
$2,495,000
Iconic Venice Beach Walk-Street Triplex just steps from the sand, Rose Avenue, and Abbot Kinney Boulevard. This beautifully renovated three-unit coastal compound delivers exceptional flexibility for an owner-user, investor, or live/work buyer seeking a 100% vacant trophy asset in one of Venice's most coveted A+ locations. Per public records, the… Read More property is a legal duplex, however it is currently configured and utilized as a triplex, with three distinct living spaces, each featuring thoughtful modern upgrades, private outdoor areas, in-unit washer/dryer, and air conditioning. Unit A is a spacious 2-bedroom / 2-bath occupying the front of the bottom level, and includes a renovated basement. Unit B upstairs is a bright and spacious 3-bedroom / 1-bath residence occupying the entire upper level, with plenty of natural light and modern finishes. Unit B also has a RSO Luxury Exemption and is not subject to local rent control restrictions. The final Unit C at the back of the ground level is a 1-bedroom / 2-bath suite, spanning two floors with a renovated basement serving as the primary bedroom. The three units encompass approximately 2,985 total square feet when including the fully renovated basement areas, creating versatile bonus space ideal for guest suites, home offices, creative studios, or additional living areas (2,278 livable square feet per assessor). The property is a prominent member of the original Golden Bay Tract built in 1908 by Venice founder Abbot Kinney and blends classic Victorian charm with contemporary finishes across all units. A large rear parking area provides two tandem spaces per unit (6 total), a rare and valuable amenity this close to the beach. In addition to each unit's private balcony/patio, there is a large & lush shared front yard. All units are delivered 100% vacant, allowing immediate flexibility for owner-occupancy, short term rentals or long term leasing. With a Walk-Score of 96, the property is just steps from the beach and surrounded by world-class dining, shopping, and culture. 51 Sunset Ave is a truly special Venice Beach asset offering prime location, versatility, and long-term upside in one of Los Angeles' most supply-constrained coastal submarkets. Read Less
Listing Snapshot
Days Online
30
Last Updated
Beds
6
Square Ft.
2,985
Lot Size
0.08 Acres
Year Built
1908
MLS Number
26650231
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, Dryer, Washer
Building
Built in 1908, Living area: 2985.0, 1 building, Building faces South, 2 stories, Levels: MultiSplit
Community
Gated
Heating
WallFurnace
Income
Gross Income: $182,400, Net Operating Income: $137,353
Lot
0.0843 acres
Parking
6 open parking spaces, 6 total parking spaces, Driveway
Property
PeekABoo, TreesWoods
Security Features
GatedCommunity
Taxes
Parcel Number: 4286022027, Zoning: LARD1.5
Water Features
BeachAccess
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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