Prevu by reAlpha
BuySellBlogBrowse Listings
559 Sunset Avenue, Venice CA 90291
559 Sunset Avenue, Venice CA 90291
559 Sunset Avenue, Venice CA 90291
559 Sunset Avenue, Venice CA 90291
559 Sunset Avenue, Venice CA 90291
559 Sunset Avenue, Venice CA 90291
559 Sunset Avenue, Venice CA 90291
559 Sunset Avenue, Venice CA 90291
559 Sunset Avenue, Venice CA 90291
California>Los Angeles>Oakwood

559 Sunset AvenueVenice, CA 90291

For Sale

$6,100,000

Smart Buyer Rebate $61,000

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 submarkets.

Listed by Taylor Avakian

·

License #02060040

·

Lyon Stahl Investment Real Estate, Inc.

·

916-996-4421

Last updated November 22, 2025

·

Source: CRMLS #25619381

Listing Facts

  • TypeMulti-family
  • NeighborhoodOakwood
  • Bedrooms26
  • Days on Prevu37
  • Size10,651 sqft
  • Price per sqft$573

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

11/03/2025
Listed by Lyon Stahl Investment Real Estate, Inc.
$6,100,000

Property Details for 559 Sunset Avenue

Exterior

Construction

  • Number Of Units Total: 14
  • Year Built: 1964

Measurements

  • Building Area Total: 10,651
  • Lot Size Acres: 0.25
  • Lot Size Area: 11,273
  • Lot Size Dimensions: 81,140
  • Lot Size Square Feet: 11,273
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.71
  • Gross Income: $448,104.00

Taxes

  • Parcel Number: 4240010035

Interior

Features

  • Appliances: Dryer, Washer

Measurements

  • Living Area: 10,651

Rooms

  • Bathrooms Total Integer: 14
  • Bedrooms Total: 26

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 17

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 26 bedrooms in this multi-family home at 559 Sunset Avenue.

Does this multi-family home have parking?

Yes, there are 17 parking spaces available for 559 Sunset Avenue.

How does 559 Sunset Avenue compare to other multi-family homes in Oakwood?

This multi-family home is listed 87% above the average price for multi-family homes in Oakwood and has been on the market for 100 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 10,651 sqft.

559 Sunset Avenue is a 26-bedroom multi-family home for sale in Venice CA 90291. Available on Prevu for 37 days at $6,100,000. This home features 10,651 square feet of living space, located in Oakwood. The median listing price for multi-family homes in this area is $2,300,000. Additional amenities include parking and washer/dryer. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.