559 Sunset Avenue Venice, CA ^$ 5,200,000

559 Sunset Avenue

^$ 5,200,000

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559 Sunset Avenue

Venice, CA, 90291

^$ 5,200,000

Bedrooms26 Baths2.0 Sq 10,651

Monthly Estimate*

^$ 32,017

Listed by Lyon Stahl Investment Real Estate, Inc.

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Multi-Family Home for sale in Venice, CA

for $5,200,000 with 26 bedrooms and 2 full baths. This 10,651 square foot home was built in 1964 on a lot size of 0.2588.

559 Sunset Ave | 14-Unit Coastal Multifamily with ADU Potential in Venice. Built in 1964, this well-located Venice multifamily asset totals approximately 10,651 SF on an 11,278 SF RD1.5-zoned lot and features a strong unit mix of (12) 2-bed / 1-bath units and (2) 1-bed / 1-bath units, with three RTI ADUs currently in plan check. The property will be delivered with five units vacant at close, allowing a new owner to immediately execute a renovation and lease-up strategy while capturing substantial rent growth. Current rents average approximately $2,489/month, while projected market rents are estimated at roughly $3,857/month, offering meaningful upside in one of Los Angeles' most desirable coastal rental markets. Offered at $5,200,000 ($371K/unit | $488.22/SF) with a 5.22% in-place cap rate and 12.44 GRM, the investment presents strong income growth potential as units are upgraded and rents stabilize.

Multi-Family Active

Price

^$ 5,200,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2588

Year Built

1964

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

25619381

Days on Market

148

Features

General

Living Area 10651

Appliances Dryer Washer

Zoning LARD1.5

Year Built 1964

Levels Multi/Split

Gross Income 397199

County Los Angeles

Net Operating Income 271374.6

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Near the corner Sunset Ave and 5th Ave N

City Venice

Senior Community Y/N false

Number Of Units Total 14

MLS Area C11 - Venice

Lot Size Units Square Feet

Lot Size Square Feet 11273

Carport Y/N true

Standard Status Active

Cap Rate 5.22

Interior

Total Stories 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 26

Total Baths 14

Exterior

Parking Features Carport

Total Parking 17

Lot Size Area 11273

Number of Buildings 1

Building Area Total 10651

Lot Dimensions 81x140

Lot Size Acres 0.2588

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

taylor@lyonstahl.com

Affordability Calculator

$32,017

Per Month

Monthly Principal & Interest: $32,017
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Venice, CA

Average List Price ^$2,948,411

Percent of Sale Price 43%

About Venice, CA

29,124 Population

-6% Since 2002

^$89,009 Median Income

41.51 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/10/2026	$5,200,000	-12.61%	Price Down
12/11/2025	$5,950,000	-2.46%	Price Down
11/22/2025	$6,100,000		Listed Price

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559 Sunset Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $5,200,000 with 10,651 sqft and a lot size of 0.2588. 559 Sunset Avenue has 26 bedrooms, 2.0 baths, and was built in 1964. The property's zip code is 90291 which is in Venice, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/31/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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559 Sunset Avenue

Multi-Family Home for sale in Venice, CA

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