564 Broadway Street

Venice, CA 90291

$1,995,000
Price
4
Beds
2
Baths
1,112 Sq. Ft.
$1,794 / Sq. Ft.
1,112
Sq. Ft.
$1,794
per Sq. Ft.

Description

Welcome to this stunning duplex in the heart of Venice Beach, just steps from the sand and surf! This property offers two beautifully designed homes, each with its own private outdoor space, making it perfect for owners and investors alike. Back House (2 Bed, 1 Bath): Recently renovated, this chic 2-bedroom, 1-bath retreat features vaulted ceilings and skylights that flood the space with natural light. The open floor plan creates a seamless flow, and the exquisite landscaping captures the essence...Welcome to this stunning duplex in the heart of Venice Beach, just steps from the sand and surf! This property offers two beautifully designed homes, each with its own private outdoor space, making it perfect for owners and investors alike. Back House (2 Bed, 1 Bath): Recently renovated, this chic 2-bedroom, 1-bath retreat features vaulted ceilings and skylights that flood the space with natural light. The open floor plan creates a seamless flow, and the exquisite landscaping captures the essence of the West Coast lifestyle. Whether you're enjoying the sunny California days indoors or out, this home offers the perfect blend of modern style and beachy tranquility. Front House (1 Bed, 1 Bath + Loft): The cozy front home boasts 1 bedroom, 1 bath, and a versatile loft space that can serve as an office, guest room, or even an extra bedroom. The charming design extends to the outdoor area, providing a serene, private yard for entertaining or relaxation. Property Highlights: Separate yards for each home, ensuring privacy for both units, Large central hardscaped area, perfect for communal gatherings or future development, ample parking with a spacious parking pad, and potential to add another unit for even more rental income or guest space. This duplex is ideal for those looking to invest or live in one of the most coveted neighborhoods in Los Angeles. With its stylish upgrades, outdoor spaces, and proximity to the beach, it's a rare opportunity to own a piece of Venice paradise!
  1. Listed by Tyler Kunkle • DRE #01965642 • Brokerage DRE #01421451 • Pardee Properties

Property Details for 564 Broadway Street

Zoning
LARD1.5
Style
California Bungalow
Parcel Number
4239020001
Total Units
2.0
Living Area
1112
Source Living Area
Vendor Enhanced
Area
Venice (C11)
Vacancy Rate
0
LISTING UPDATED: 10/25/2024 12:01 AM

Property Details for 564 Broadway Street

StatusActive
MLS #24-450919
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.11 AC / 5,004 SF
CountyLos Angeles County

Building Information for 564 Broadway Street

Stories1Residences-Year Built1921Building Size-Lot Size0.11 AC / 5,004 SF

Property Information for 564 Broadway Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Detached Hom
  • Property Condition: Updated/Remodeled
Contract Info
Contract Info
  • Disclosures: As Is, Coastal Commission Restrictions, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $112,800
  • Net Operating Income: $80,860.00
  • Gross Income: $112,800
  • Cap Rate: 4.10%
  • Gross Rent Multiplier: $17.69
  • Total Annual Expense: 31940
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1084
  • Lot Size Square Feet: 5004
Parking Details
Parking Details
  • Parking Garage: Controlled Entrance, Driveway
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Parking Features: Controlled Entrance, Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Air Conditioning
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Refrigerator, Dishwasher, Dryer, Washer
  • Common Walls: Detached/No Common Walls
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-17-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $5,000.00
  • Unit Actual Rent: $5,000.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,400.00
  • Unit Actual Rent: $4,400.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number Refrigerator: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $200,717.00
  • Assessed Improvement Percent: 24.58
  • Assessed Land Value: $615,709.00
  • Assessed Land Percent: 75.42
  • Assessed Total Value: $816,426.00

Property History for 564 Broadway Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 564 Broadway Street

Taxable ValueLand$628,023Additions$204,731Total$832,754
Tax Record2024$10,237 ($853 / month)
Home Facts
Total Finished SqFt1,112 SqFtAbove Grade Finished SqFt1,112 SqFtLot Size4,724 SqFtStyleDuplexYear Built1921ZoningLARD1.5CountyLOS ANGELESAPN4239-020-001

Schools near 564 Broadway Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Venice Senior High School
Public9 to 12

Animo Venice Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

564 Broadway Street is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on October 17, 2024 by Pardee Properties, it's currently listed at $1,995,000. It has been on the market for a total of 36 days and was last sold on September 8, 2010. This listing's school district is Los Angeles Unified School District. Nearby schools include Westminster Avenue Elementary School, Mark Twain Middle School and World Languages Magnet and Venice Senior High School. 564 Broadway Street is a 4-bed, 2-bath, 1,112 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pardee Properties, Tyler Kunkle, DRE #01965642

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.