$6,000,000
Active
50 Days Online
0 Beds0 Baths4,550 SQFT
Active

606 Broadway Street Venice, CA 90291

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EQTY Forbes Global Properties is pleased to present a rare offering of two contiguous parcels at 602-606 Broadway Street in the creative heart of Venice Beach. The subject properties consist of a wood-frame church building and parking lot, totaling 13, 747 square feet of site area along Broadway Street. The lots are level and contain all necessary utilities. The church building measures 4, 550 square feet and was built in 1927. An accessible alleyway runs directly behind the properties. The subject properties are zoned LARD 1.5, allowing 1 unit to be built for every 1500 square feet of lot area, or 9 units in total. This presents an opportunity for developers and investors to construct a creative residential project for a small lot subdivision. Similar projects, consisting of three-story townhome-style residences with on-grade parking and accessible rooftops, have proven appealing in other parts of Los Angeles. This prime Venice location is within walking distance of popular Abbot Kinney Boulevard, featuring trendy breakfast eateries, designer clothing shops, alluring gastropubs, restaurants, and community/family events. The local beach and boardwalk are a short 4-minute bike ride, which allows for daily excursions and getaways. Buyers and investors can reach out directly with further questions or represention assistance. Buyer to perform their due diligence.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site49 Days
  • MLS StatusActive
  • MLS ID NumberJT24143992
  • Home Size Source Assessor
  • Year Built1927
  • Lot Size0.3156 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Number of Stories 1
  • Acreage 0.3156
  • Water Public
  • Property Sub Type Multi Family
  • Utilities Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected
  • Zoning LARD 1.5
  • Listing Conditions Standard

Interior Features

  • Laundry Features None

Exterior Features

  • Fencing Brick
  • Lot Corner LotLot 10000-19999 SqftLevel

Community Features

  • MLS Area C11 - Venice

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Monthly Payment (Est.)

$29,773
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