627 Sunset Avenue

Venice, CA 90291

$5,199,000
Price
8
Beds
10
Baths
5,603 Sq. Ft.
$928 / Sq. Ft.
5,603
Sq. Ft.
$928
per Sq. Ft.

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,...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.
  1. Listed by David Caskey • DRE #01198999 • Brokerage DRE #01878277 • eXp Realty of California Inc • 310-200-1960
  2. Listed by Jeremy Robinson • DRE #02073013 • Brokerage DRE #01878277 • eXp Realty of California Inc

Property Details for 627 Sunset Avenue

Architectural Style
Modern
View
City Lights, Peek-A-Boo
Parking Spaces Total
5
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 12/08/2024 09:44 AM

Property Details for 627 Sunset Avenue

StatusActive
MLS #SB24242643
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2020
Lot Size0.13 AC / 5,798 SF
CountyLos Angeles County

Building Information for 627 Sunset Avenue

Stories3Residences-Year Built2020Building Size-Lot Size0.13 AC / 5,798 SF

Property Information for 627 Sunset Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $342,000
  • Gross Scheduled Income: $342,000
  • Net Operating Income: $253,600
  • Cap Rate: 4.88
Expense Details
  • Operating Expense: $88,400
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $88,400
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 2352
  • Tax Census Tract: 2732.00
  • CFD/Mello-Roos Fee: $126
  • Tax Lot: 27
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Equipment: Dishwasher, Dryer, Dryer Included, Inside, Refrigerator, Washer, Washer Included
  • Interior Features: High Ceilings, Open Floorplan, Recessed Lighting, Wet Bar
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Suite, Walk-In Closet
  • Bedroom Features: WalkInCloset
  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Fireplace Features: Gas
  • Fireplace Rooms: Gas
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Window Features: Custom Covering, Double Pane Windows, Skylight(s)
  • Security Features: Gated Community
  • Security: Gated Community
  • Entry Location: 1
  • View Description: City Lights, Peek-A-Boo
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Landscaped
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking Garage: Garage, On street
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Garage, Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $15,750
  • Unit Type Total Rent: $15,750
  • Unit Type Pro Forma: 15750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $12,750
  • Unit Type Total Rent: $12,750
  • Unit Type Pro Forma: 12750
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 627 Sunset Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 627 Sunset Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Walgrove Avenue Elementary School
PublicK to 5

Broadway Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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627 Sunset Avenue is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on December 2, 2024 by eXp Realty of California Inc, it's currently listed at $5,199,000. It has been on the market for a total of 16 days and was last sold on May 20, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Westminster Avenue Elementary School, Walgrove Avenue Elementary School and Broadway Elementary School. 627 Sunset Avenue is a 8-bed, 10-bath, 5,603 sqft multi-family home built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, David Caskey, DRE #01198999; eXp Realty of California Inc, Jeremy Robinson, DRE #02073013

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.