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51 Sunset Avenue

Venice, CA 90291
  • $2,380,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: 26650231
UPDATED: 83 min ago
$2,380,000
  • 6
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,985
    SQFT
  • $797
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1908
County:
Area:

School Ratings & Info

Listing Agent(s): Jake Glaser of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Andrew Tripodi of Douglas Elliman of California, Inc.(310-819-3250)


Description

Iconic Venice Beach Walk-Street triplex offering 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 locations. Per public records, the 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-17T13:30:06.947. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/172961292
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51 Sunset Avenue Venice, CA 90291

  • Price: $2,380,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 83 min ago
  • ID#: 26650231
6
Beds
0
Baths
0
½ Baths
0.08
Acres
2,985
SQFT
$797
$/SQFT
1908
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
Iconic Venice Beach Walk-Street triplex offering 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 locations. Per public records, the 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.
Exterior Features

Architectural Style Victorian Direction Faces South Open Parking Spaces 6 Parking Features Driveway Parking Total 6 Property Attached YN Yes View Peek-A-BooTrees/Woods View YN Yes Waterfront Features Beach Access

Interior Features

Appliances DishwasherRefrigeratorDryerWasher Common Walls 1 Common Wall Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.83 Community Features Gated Gross Income 182400 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 138719 New Construction YN No Security Features Gated Community Senior Community YN No Sewer Other Special Listing Conditions Standard Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-17T13:30:06.947. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Jake Glaser of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Andrew Tripodi of Douglas Elliman of California, Inc.(310-819-3250)