Active Open Sunday 06/07 5 PM-7 PM

817 Broadway Street

Venice, CA 90291

$2,495,000 $10,519/Mo

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Overview

Bed

Bath

3,556

Sqft

5,804

Sqft(Lot)

Description

Located in one of Venice's most sought-after pockets, 815-817 Broadway presents a rare opportunity to own a thoughtfully updated, income-producing triplex with strong in-place returns and meaningful long-term upside. All three units have been tastefully updated and are filled with natural light, creating warm, inviting living spaces tenants truly enjoy. Each residence features in-unit laundry, its own separate water meter, and a layout that offers a level of privacy rarely found in multi-unit properties. The like-new front residence lives much like a single-family home, complete with its own privatized yard, ideal for those who value space, separation, and indoor-outdoor living. The two rear units are uniquely positioned with no shared common wall, enhancing both quiet and livability, and both feature A/C for added comfort. One of the rear units is now vacant, presenting an ideal opportunity for an owner-user to move into a private, quiet residence while benefiting from strong rental income from the remaining units. Previously generating $12,100 per month in rental income when fully occupied, the property offers compelling cash flow with additional upside ahead. The property also benefits from a valuable RSO exemption, allowing for greater flexibility and operational efficiency over time. Further enhancing the opportunity is the potential to convert approximately 500 square feet of storage into a studio ADU, with projected rents of approximately $2,000-$3,000 per month, offering a meaningful path to increased income and overall value. Rounding out the offering is a rare Venice amenity: seven garage parking spaces, providing added tenant appeal and potential for additional revenue. With strong existing income, vacancy upside, thoughtful updates, exceptional privacy, and future development potential, 815-817 Broadway stands out as a compelling investment in one of Venice's most dynamic neighborhoods. Whether you're looking to invest, live in one unit while generating income, or position yourself for long-term growth, this is a property that meets you where you are and grows with you over time.

Property Details

Property Type : Residential Income

Price : $2,495,000

AD Id : 77919687

MLS Id : 26828637

Beds : 6

Lot Size : 5,804 Sqft

Living Area Size : 3,556

Year Built : 1926

Garage : 7

County : Los Angeles

Open House

06/07 5 PM-7 PM

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 6

Bathroom Information

Total Baths: 5 Full Baths: 0 Half Baths: 0
Interior Features

Property Appliances: Dishwasher,Refrigerator,Dryer,Washer Fireplace: None
Heating Source

Combination Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1926 Building Area Total: 3,556

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1332 Lot Size Dimensions: 40x115
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5804

Listing Price Information

Original List Price: 2,495,000 Listing Contract Date: 2026-05-01
Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 4239014029

Garage and Parking

Attached Garage: Yes

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Cable TV,Electricity

Other Property Info

Source Listing Status: Active Source Neighborhood: C11 - Venice Postal Code Plus 4: 3407 Directions: From Lincoln, turn west onto Broadway. Property will be on the right hand side. Zoning: LARD1.5 Source Property Type: Residential Income Area: C11 - Venice
Building and Construction

Property Age: 100 Year Built Source: Vendor Enhanced Total Square Feet Living: 3556 Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3932 Glencoe Avenue, Venice, CA, 90291	$4,299,000	4	6	4,325	4,325 SqFt
2403 Louella Avenue, Venice, CA, 90291	$2,495,000	--	--	2,947	2,947 SqFt
2478 Glyndon Avenue, Venice, CA, 90291	$1,850,000	4	2	2,807	2,807 SqFt
2040 Glencoe Avenue, Venice, CA, 90291	$4,748,000	4	4	3,800	3,800 SqFt
2445 Glyndon Avenue, Venice, CA, 90291	$4,650,000	5	5	3,950	3,950 SqFt
2026 Louella Avenue, Venice, CA, 90291	$4,095,000	4	4	3,400	3,400 SqFt
2477 Walnut Avenue, Venice, CA, 90291	$1,885,000	4	2	1,398	1,398 SqFt
1347 Palms Boulevard, Venice, CA, 90291	$9,600,000	4	4	3,872	3,872 SqFt
2013 Louella Avenue, Venice, CA, 90291	$3,648,000	4	4	3,175	3,175 SqFt
2036 Glyndon Avenue, Venice, CA, 90291	$4,995,000	5	5	4,275	4,275 SqFt

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ByOwner last updated this listing 06/07/2026 @ 06:07

MLS: 26828637 LISTED BY: Elvira Davidson, Pardee Properties 310-907-6517 SOURCE: CRMLS