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Four-Unit Quadplex with Flex Space
For Sale
$2,350,000

240 Hampton Drive, Venice, CA 90291

Legal fourplex with a varied unit mix, individual laundry, air conditioning, and a detached garage flex area.

Property Size3,374 SF
Lot Size0.15 Acres
Days on Market9

Property Features for 240 Hampton Drive

General Information

Standard status Active
Size 3,374 SF
Lot size 0.15 Acres
Property subtype Quadruplex

Units

Unit Mix 2 x 2BR, 2 x 1BR
Multifamily Units 4

Amenities

air conditioning
individual laundry

Building Details

Building Size 3,374 SF
Year Built 1953
Listing Agency: Compass
Listed By: Lauren Forbes · License #01295248
Source: Velocityrealtysd
Added: Aug 26 Changed: Aug 31 Last Checked: Aug 31 at 9:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This legal fourplex contains four residential units in the main building: two two-bedroom residences and two one-bedroom residences. Each unit includes air conditioning, individual laundry, storage, and light-filled interiors. One two-bedroom residence, currently occupied by the owner, may be delivered vacant at closing. The detached garage includes a bathroom and air conditioning and has been adapted as office and lounge space; it is not a legal residential unit and may also be delivered vacant.

The property occupies an oversized 6,422-square-foot lot at 240 Hampton Drive in Venice, California. Its location provides access to the beach, Venice Boardwalk, Main Street, Rose Avenue, Abbot Kinney, Gold’s Gym, and nearby shops and restaurants. Built in 1953, the property offers an established four-unit configuration with additional nonresidential flex space.

Key Highlights

  • Legal fourplex with 4 residential units
  • Unit mix includes 2 two‑bedroom and 2 one‑bedroom residences
  • Oversized 6,422‑square‑foot lot at 240 Hampton Drive

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Nursing Home (Bike/Boat/Book/etc) Store Butcher Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,454
Businesses Nearby

Demographics for 90291, CA

28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Legal fourplex with a varied unit mix, individual laundry, air conditioning, and a detached garage flex area.
Where is this quadplex located?
The property is located at 240 Hampton Drive Venice, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Legal fourplex with 4 residential units; Unit mix includes 2 two‑bedroom and 2 one‑bedroom residences; Oversized 6,422‑square‑foot lot at 240 Hampton Drive
More about this property
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