18 Sunset, Venice, CA 90291
- 3 beds |
- 5 baths
Multi-Family Home
Built in ——
3,598sqft lot
—— car garage
$——/sqft
Listed 2 months ago
Property Description
18 Sunset Ave is a rare six-unit, ocean-view apartment building on one of Venice Beach's most coveted residential blocks. It's boardwalk-adjacent and just steps from the sand. Every one of its six units enjoys beautiful ocean views, an amenity effectively impossible to replicate in Venice's supply-constrained coastal core. Built in 1973 and diversified across two studios, two one-bedrooms, and two two-bedroom/two-bath residences. The one- and two-bedroom homes feature gas fireplaces, and the property is 100% occupied by a stable, long-tenured resident base, averaging nearly fifteen years in residence, including two residents of more than two decades. All six units are subject to the City of Los Angeles Rent Stabilization Ordinance. Its mandatory soft-story seismic retrofit is complete, with a City of Los Angeles LADBS Certificate of Compliance issued in 2018. On-site garage parking with 9 spots (a genuine rarity this close to the ocean) adds tenant appeal. Utility responsibility is split: Units 2, 3, 5 and 6 are separately metered and tenant-paid for both gas and electricity, while the owner pays water and sewer for the entire building, common-area electricity, and the gas and electricity serving Units 1, 4 and the laundry. In-place scheduled rent is $190,045 annually, delivering reliable income today with meaningful embedded upside as units turn to market over time. Set in the heart of the Silicon Beach corridor, the property is minutes from major technology and media employers, Santa Monica's Third Street Promenade, and Marina del Rey, with Abbot Kinney Boulevard, the Ven
- Listing Status:
- Active
- Date Added:
- July 25, 2026
- Data Last Updated:
- October 9, 2026 at 4:11AM
- Listing Office:
- Realty Network :
- Listing Agent:
- Brian Ging : 310-467-9606
- MLS ID:
- SR26162423
- General: N/K
- Pool: N/K
- General: 2 Story
- HOA Amenities: 0.0
- Originating MLS: California Regional MLS
- County: Los Angeles
- Zoning: Public Rec4286023001
- Source: California Regional MLS
This listing courtesy of Brian Ging , Realty Network
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
