817 Broadway Street, Venice, California 90291
  • $2,495,000

Overview

Property ID: 26828637
  • Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 5
  • Bathrooms
  • 7.0
  • Garages
  • 3556 Sqft
  • Area Size
  • 1926
  • Year Built

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.

  • Address: 817 Broadway Street
  • City: VENICE
  • State/county: CA
  • Zip/Postal Code: 90291
  • Country: US

Details

Updated on July 24, 2026 at 10:43 pm
  • Property ID 26828637
  • Price $2,495,000
  • Property Size 3556 Sqft
  • Land Area 0.1332 Acres
  • Bedrooms 6
  • Bathrooms 5
  • Garages 7.0
  • Year Built 1926
  • Property Type Residential Income
  • Property Status Closed

Additional details

  • Heating Combination
  • County Los Angeles
  • Property Type Residential Income

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