559 Sunset Avenue, Venice, CA 90291

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
559 Sunset Avenue,Venice, CA 90291
$5,950,000
  • 26 Beds
  • 14 Baths
  • 10,651 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.
MLS#:25619381
Source:CRMLS

Price summary

  • Price:$5,950,000
  • Price per sq. ft.:$558.63

About this home

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

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Home facts

  • Year built:1964
  • Listing ID #:25619381
  • Added:102 day(s) ago
  • Updated:February 21, 2026 at 02:20 PM

Rooms and interior

  • Bedrooms:26
  • Total bathrooms:14
  • Living area:10,651 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:10,651 sq. ft.
  • Lot area:0.26 Acres

Finances and disclosures

  • Price:$5,950,000
  • Price per sq. ft.:$558.63
Based on information from California Regional Multiple Listing Service, Inc. as of February 26, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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