732 Broadway Street, Unit 3

Venice, CA 90291

$1,899,000
Price
3
Beds
3
Baths
1,800 Sq. Ft.
$1,055 / Sq. Ft.
1,800
Sq. Ft.
$1,055
per Sq. Ft.

Description

A unique rare 6330 sq ft corner property located in the heart of Venice close to trendy areas like Abbott Kinney, Rose Ave, and Venice Beach along with great dining and shopping on Lincoln Blvd. This beautiful property features 3 very charming craftsman style individual 1 bedroom, 1 bath cottages ( No common walls!) with their own individual backyards, hardwood floors throughout, and each unit has its own laundry. A great investment opportunity in one of the best rental areas of LA.A unique rare 6330 sq ft corner property located in the heart of Venice close to trendy areas like Abbott Kinney, Rose Ave, and Venice Beach along with great dining and shopping on Lincoln Blvd. This beautiful property features 3 very charming craftsman style individual 1 bedroom, 1 bath cottages ( No common walls!) with their own individual backyards, hardwood floors throughout, and each unit has its own laundry. A great investment opportunity in one of the best rental areas of LA.
  1. Listed by Junki Kajiwara • DRE #01257418 • Brokerage DRE #00553830 • Spalding & Associates

Property Details for 732 Broadway Street, Unit 3

Water Front
None
Zoning
LARD1.5
Style
Craftsman
Parcel Number
4239017011
Total Units
3.0
Living Area
1800
Source Living Area
Vendor Enhanced
Area
Venice (C11)
LISTING UPDATED: 07/10/2024 01:37 PM

Property Details for 732 Broadway Street, Unit 3

StatusActive
MLS #24-405897
Days on Market154
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.15 AC / 6,332 SF
CountyLos Angeles County

Building Information for 732 Broadway Street, Unit 3

Stories1Residences-Year Built1937Building Size-Lot Size0.15 AC / 6,332 SF

Property Information for 732 Broadway Street, Unit 3

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: Cotteges
  • Unit Number: 3
  • View: Yes
  • View Description: City
  • View: City Lights
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Direction Faces: North
  • Sewer: In Street
  • Water Heaters: Yes
  • Additions Alterations: No
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: Rent Control, As Is, Coastal Zone
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $118,800
  • Net Operating Income: $58,246.00
  • Gross Income: $6,843
  • Gross Rent Multiplier: $24.00
  • Actual Annual Gross Rent: $82,116.00
  • Actual Gross Annual Income: $82,116
  • Actual Rent Total: $6,843.00
  • Lease Per Month Year: Month
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 23870
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1454
  • Lot Size Square Feet: 6332
  • Lot Features: Back Yard
  • Lot Description: Back Yard
  • Lot Location: Corner Lot
Parking Details
Parking Details
  • Parking Garage: Assigned, Covered Parking
  • Total Parking: 3
  • Covered Parking: 3
  • Parking Features: Assigned, Covered
  • Garage Structures Total: 3.0
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Living Room
  • Levels: One
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Hardwood
  • Equipment: Range/Oven, Refrigerator
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Oven, Gas, Range
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-22-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $3,000.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 732
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,572.00
  • Unit Actual Rent: $2,572.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 734
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,271.00
  • Unit Actual Rent: $1,271.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 736
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $78,259.00
  • Assessed Improvement Percent: 36.43
  • Assessed Land Value: $136,579.00
  • Assessed Land Percent: 63.57
  • Assessed Total Value: $214,838.00

Property History for 732 Broadway Street, Unit 3

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 732 Broadway Street, Unit 3

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

Walgrove Avenue Elementary School
PublicK to 5

Broadway Elementary School
PublicK to 5

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.

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732 Broadway Street, Unit 3 is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on June 21, 2024 by Spalding & Associates, it's currently listed at $1,899,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Westminster Avenue Elementary School, Walgrove Avenue Elementary School and Broadway Elementary School. 732 Broadway Street, Unit 3 is a 3-bed, 3-bath, 1,800 sqft multi-family home built in 1937.

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 Spalding & Associates, Junki Kajiwara, DRE #01257418

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.