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18 Sunset

Venice, CA 90291
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$3,095,000 $13,048/Mo
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Bed 6

Bed

Bath 8

Bath

SqFt3,600

Sqft(Lot)

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 building pairs enduring beach-community character with dependable, low-friction operation. The one- and two-bedroom homes feature gas fireplaces, and the property is 100% occupied by a stable, long-tenured resident base, with several residents for more than twenty years. The asset is built for durable performance. 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, while low owner-paid utilities keep operations simple: tenants pay their own electricity, and gas in five of six units. In-place scheduled rent is $190,045 annually, delivering reliable income today with meaningful embedded upside as units turn to market over time. Location Location Location! 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 Venice Canals, and the Ocean Front Walk all a short stroll away. Venice remains one of Southern California's most persistently undersupplied coastal rental markets, drawing an affluent, creative, and professional tenant base that keeps demand deep and durable. Walk Score 94, Bike Score 100. A buyer at the offered price also benefits from a downward property-tax reassessment versus the current assessed value. An immediate, structural lift to going-forward cash flow. For the discerning investor, 18 Sunset Ave offers trophy Venice Beach land, all-ocean-view units, and dependable in-place income with a clear path to growth. Square footage and figures are approximate and from sources deemed reliable; buyer to verify all information.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,095,000

AD Id : 88402867

MLS Id : SR26162423

Beds : 6

Lot Size : 3,600 Sqft

Year Built : 1973

Garage : 9

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Interior Features

    BuiltInFeatures, Balcony
    Appliances: Dishwasher, ElectricOven, ElectricRange
    Laundry Features: CommonArea

  • Heating & Cooling

    Has Heating: Yes Heating: Radiant Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1973
    Building Area Total: 4560
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: Ocean

  • Lot Information

    Main Square Feet: 3600 Lot Size Acres: 0.0826 Lot Size Source: Assessor Lot Size Square Feet: 3,600 Lot Description: ZeroToOneUnitAcre,FrontYard,NearPublicTransit,SprinklerSystem

  • Listing Price Information

    Listing Price: $3095000
    Cash, CashToNewLoan, Exchange1031

  • Tax Information

    Parcel Number: 4286023001 Tax Lot: 1 Tax Block: 6 Annual Tax: $45712

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 9 Assigned, Garage

    Garage Information

    Has Garage: Yes Garage Space: 9

  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected

  • Location Information

    Direction: Speedway & Sunset Ave (W of Pacific, S of Rose) WaterSource: Public Security Features: CarbonMonoxideDetectors,KeyCardEntry,SmokeDetectors
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/31/2026 @ 23:21

MLS: SR26162423 LISTED BY: Brian Ging, Realty Network 949-581-6885 SOURCE: CRMLS

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